PBT’s constantly updated trade deadline tracker

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Here it is — the one place where all the NBA’s trade deadline news and rumors will be. With our thoughts on everything. This post will be constantly updated throughout the day as the newest information becomes available. Just hit refresh and you will know the latest.

The trade deadline is 3 p.m. Eastern (all times in this post are Eastern)

3:00 pm: DEADLINE. I’m having a beer. (Note, sometimes deals leak out at deadline, but there is confirmation of no deals for Raymond Felton, Jamal Crawford or Chris Kaman).

2:59 pm: The Lakers traded Derek Fisher. Didn’t expect that. To the Rockets for Jordan Hill. The Lakers also sent off their other first round pick in the deal. Not a big thing on the court, but that is going to tick off Kobe Bryant.

2:49 pm: Multiple reports now say the three team deal — Lakers, Timberwolves and Blazers — that would have moved Jamal Crawford and Michael Beasley appears to be dying if not already dead and lying in a ditch somewhere.

2:43: It appears the Hornets will not make a deal to move center Chris Kaman before the deadline, with Adrian Wojnarowski of Yahoo confirming. Now, if the Hornets were a normal team they would try to reach a buyout deal with Kaman in the next few days. However, with the league owning the team that may well not happen. Why? Because the Miami Heat would be primary suitors of a free agent Kaman and the other owners don’t want that to happen. (Think I’m kidding? Remember the Chris Paul to the Lakers deal and how the other owners killed that?)

2:40 pm: Also on the Sessions to the Lakers deal — Los Angeles also will send Jason Kapono to Cleveland.

2:39 pm: Knew their had to be more, along with Richard Jefferson Golden State got a first round pick from the Spurs, reports Marc Spears of Yahoo.

2:34 pm: Now we have the details on the Marcus Camby to Houston trade: Hasheem Thabeet, Jonny Flynn and a second round pick go back to Portland. Before you think Portland got hosed here, Thabeet and Flynn have team options for next year, so the Blazers just cleared some cap space. Still, love this deal for Houston.

2:30 pm: The rumor has become official — Stephen Jackson has been traded to the San Antonio Spurs for Richard Jefferson. Marc Spears of Yahoo was first with the story. Curious to see if a pick is included because Jackson’s deal is expiring but Jefferson has one more year left.

2:25 pm: The Houston Rockets have gotten the center they wanted — Marcus Camby from the Portland Trail Blazers. Not sure yet what is headed back to the Pacific Northwest. But this is a good deal for Houston — they needed a defensive minded big in the paint. Tough out in the playoffs for whoever gets them.

2:18 pm: The Lakers getting Sessions would seem to mean they are ready to ship out Steve Blake in a three-team deal (Lakers get Michael Beasley, Minnesota gets Jamal Crawford). The Lakers also would have to send out a pick or some other kind of sweetener in that deal. The Lakers could stand to lose a point guard off the roster now. Reports are those talks are still going on.

2:03 pm: ESPN’s Ric Bucher is reporting that a Stephen Jackson for Richard Jefferson trade is being discussed. Not sure why the Spurs would do that, other than to save money.

2:00 pm: One hour remains until the trade deadline.

1:46 pm: The Lakers/Cavaliers deal actually shakes out to be Ramon sessions and Christian Eyenga to the Lakers, Luke Walton and the Lakers first round pick to the Cavaliers. That may be more than the Lakers wanted to pay, but with a good point guard now they are maybe the second best team in the West. Or at least in that discussion.

1:32 pm: The Lakers have gotten a point guard by trading for Ramon Sessions of the Cleveland Cavaliers, according to Brian Windhorst of ESPN. The cost is one of the Lakers first round draft picks this year (the Lakers have two, they keep the Dallas pick from the Lamar Odom trade).  L.A. was reluctant to give either of those up as they are key parts of their strategy to lower their salary levels and tax payments in future years. But they needed a point guard more. Sessions can opt out of his contract after this season.

1:25 pm: The Nets/Blazers trade we talked about earlier is not official (and is now officially the biggest trade of the day. The Nets get Gerald Wallace. The Trail Blazers get the expiring contract of Mehmet Okur, Shawne Williams and a 2012 first round pick that is top three protected. Not a great trade for the Nets, but they did something and their starting five just got better.

Good enough to keep Deron Williams….. probably not. But that is another day.

1:02 pm: Boston is trying to trade Jermaine O’Neal — well, mostly his expiring contract — in a package deal. If it falls through, O’Neal wants the Celtics to buy him out. Reports are the Heat (desperate for a true big man due to playoff matchups) would have interest in picking him up if he does get bought out.

12:49 pm: The deal between the Blazers and Nets would be Mehmet Okur, Shawne Williams and a protected 1st round pick to Portland; Gerald Wallace to the Nets. That according to Adrian Wojnarowski of Yahoo. That wouldn’t be bad for the Nets. When healthy their starting five would be Deron Williams, MarShon Brooks, Gerald Wallace, Kris Humphries and Brook Lopez. That’s a playoff team. Not a contender, but a playoff team in the East.

12:29 pm: The Portland Trail Blazers and New Jersey Nets are in serious discussions of a deal that would send Gerald Wallace to the Nets, reports Adrain Wojnarowski of Yahoo. The Nets need to so something to help their roster out and convince Deron Williams to stay. The Trail Blazers would want picks and young players, things the Nets have. There may be a deal to be had there.

12:26 pm: ESPN’s Chris Broussard just said on SportsCenter that he got a text from Dwight Howard saying he signed the papers — he will stay with the Magic for another season.

Which means next trade deadline we may have to do this all over again (his contract will end in the summer of 2013, along with Chris Paul).

12:24 pm: Quick point guard note update: Looks like that Eric Bledsoe is staying put with Clippers. However, the Bobcats are listening to offers for D.J. Augustin. And if anyone is really desperate, Jonny Flynn is still out there.

12:22 pm: Dwight Howard update… there is no update. The Magic are waiting for him, however reportedly they are confident and are making plans for a press conference with him.

11:58: Quick update on the trade of Leandro Barbosa to the Pacers: The Raptors get back veteran guard Anthony Carter as well as a second round pick. The Pacers were going to cut Carter so he’s just a throw in the Raptors can use the rest of the season.

11:55 am: The Nets continue to reject all offers for Deron Williams — and that includes the idea of a Pau Gasol for D-Will trade, according to Marc Stein at ESPN. The Nets apparently rejected that before the season and said they would turn it down again now.

11:38 am: Couple interesting notes via Adrian Wojnarowski of Yahoo:

The Celtics are getting a lot of offers for Ray Allen, some good young players and some first round picks (which teams are very slow to offer this year). The Celtics are holding out for both.

The Hornets had been demanding a first round pick for Chris Kaman and the market would not pay it. Now they are starting to lower their demands, making a deal before the deadline much more likely.

11:11 am: The Indiana Pacers have acquired backup point guard Leandro Barbosa from the Toronto Raptors, according to Marc Spears at Yahoo. I like it for the Pacers, who get a nice reserve guard who can push the tempo and give them solid minutes behind Darren Collison. The Raptors reportedly will get a second round draft pick in the deal.

11:04 am: One deal to watch, the Nets reportedly are trying to get the expiring contract of Boris Diaw from the Bobcats for Jordan Farmar and Johan Petro. The trade would give the Nets some cap relief this summer as Diaw is an expiring deal, the Bobcats get some players.

Don’t expect the Suns to make a move at the deadline, not with Steve Nash, not with anyone, so reports our own Brett Pollakoff.

10:58 am: We have our first trade of the day — Philadelphia will get Sam Young from the Memphis Grizzlies for the rights to Ricky Sanchez, a 2005 second-round pick who currently plays in Argentina, according to Philly.com.

10:38 am: The New Jersey Nets are shooting down all requests for a trade involving Deron Williams, reports Marc Stein of ESPN. They may just try to convince him to stay this summer, in part because they need to — they need a star to open the Brooklyn arena — and in part they couldn’t come close to getting value back for him. Everyone expects him to opt out, the offers would be lowball ones.

10:05 am: We mentioned below that the Celtics have interest in getting J.J. Hickson from the Kings, but ProBasketballDraft is saying watch out for the Nets. (For the record, ProBasketballDraft has no affiliation with this site.)

Celtics GM Danny Ainge does not sound like a guy likely to make a trade today.

9:45 am: Here is where we stand as the morning kicks off:

• Dwight Howard wants to stay with Orlando, but the paperwork is not formally filed yet.

• A three-team trade that would send Jamal Crawford to the Timberwolves (from the Trail Blazers), Michael Beasley to the Lakers (from the Timberwolves) and Steve Blake plus a pick from the Lakers to the Trail Blazers is reportedly near completion. There have been some hang-ups about exactly what the pick would be, but this deal is close according to multiple reports from various teams involved. There have been reports the Lakers wanted Luke Ridnour in this deal, but with Ricky Rubio out for the season it’s hard to see Minnesota giving him up.

• The Pacers are going to try and make another run at getting Chris Kaman from the Hornets, according to the Indy Star.

• The Celtics are reportedly interested in getting J.J. Hickson out of Sacramento. Don’t bet on this one, hard deal to pull off, but they are talking.

• The Wizards are trying to move JaVale McGee, but are asking a high price, according to Marc Spears at Yahoo. Which probably has other GMs laughing. Hard.

• It’s not a trade but we’ll put it here — the Grizzlies are going to work out and have interest in Gilbert Arenas, according to the Commercial-Appeal.

Chris Paul too, he informs Clippers he will be a free agent this summer

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Just like with the Blake Griffin news earlier today, we expected this. Frankly, we kind of expected this back in 2013 when he signed his deal.

Chris Paul informed the Clippers on Friday he will be a free agent this summer, news broken by Brad Turner of the Los Angeles Times.

Technically, Paul had an early termination option and he informed the Clippers he would be exercising that (not opting out as Griffin did). That said, we’re talking about legal semantics here, what matters is CP3 will hit the open market this summer.

And a lot of teams want to talk to him: San Antonio, Houston, Denver, Miami. CP3 is going to meet with a lot of teams. But let me give you the 57 million reasons the Clippers are still the front-runners:

The Clippers can offer a five-year contract at about $205 million, every other team can offer four years at $152 million. As president of the players’ union while a new CBA was negotiated, he helped get the over-36 rule changed to the over-38 rule in part so he could get one more five-year contract, and he’s not going to take it?

Paul is competitive and the Clippers may not be, especially if Griffin leaves (unless Paul thinks he can help land LeBron James next summer). He has to look around at his options and see if a move gets him closer to a ring. Maybe there is an offer he finds tempting. But the longer he takes could leave the Clippers stuck and create a bottleneck in free agency. CP3 and Griffin (and Gordon Hayward) and going to determine how a lot of other things shake out this summer.

Jimmy Butler says goodbye to Bulls fans, didn’t like way end went down with Chicago management

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Jimmy Butler is about to be back with a coach he respects, one he sees as a person who helped groom him for success, on a team that is the biggest up-and-coming threat in the West. He’s good with where he landed.

Bulls fans are not so thrilled. After a year of rumors, Chicago got Zach LaVine coming off an ACL injury, Kris Dunn, and just drafted No. 7 Lauri Markkanen. That’s it. Well, not exactly, the Bulls gave Minnesota the No. 16 pick as well.

Bulls fans loved Butler, and Butler loved them, as he said on his Instagram saying goodbye to the city and fans.

Chicago, What can I say?! I truly struggle with the words because you've been so much more than just my home for the last 6 years, you've been my life! You've embraced me like a son and pushed me to get better every day, every season. I can honestly say that I have always been incredibly motivated to succeed; it's just the way I'm built. But I know I owe so much to the person I am now, and to the player that I've become, to you. You always pushed me to never give anything less than my absolute best night in, night out. That's what you expected. That's what you deserved. And, I hope you know that's what I dedicated my life to every time I walked into the facility or stepped on the floor of the United Center. Thank you to the entire Bulls organization and Reinsdorf Family for taking a chance on me in 2011 and for giving me the opportunity to play the sport I love for such a great franchise. I'll never forget the feeling I had when I was drafted and when I played my first minutes. It's an experience that I wouldn't have wanted with any other team and I'm so thankful to you for giving me that opportunity. Chicago, I love you. Thanks for embracing a kid from Tomball like one of your own. On to a new home and a new organization. Thankfully, with some familiar faces! PS… AND PROBABLY MOST IMPORTANT! THANK YOU TO EVERYBODY BEHIND THE ORGANIZATION THAT DO NOT GET THE SHINE THAT THEY DESERVE!! YALL ARE THE REAL ALL-STARS!! – Jimmy G. Buckets (@staceyking21 )

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Butler had fewer kind words for Bulls management. Here is what he told Joe Crowly of the Chicago Sun-Times.

“I guess being called the face of an organization isn’t as good as I thought. We all see where being the so-called face of the Chicago Bulls got me. So let me be just a player for the Timberwolves, man. That’s all I want to do. I just want to be winning games. Do what I can for my respective organization and let them realize what I’m trying to do…

“It’s crazy because there was me talking with guys about Cleveland, then all the outside rumors with Boston, Minnesota, Phoenix, then the feeling that I’m not going anywhere,’’ Butler said. “I mean I had so many people telling me what could possibly happen, but I just got to the point where I stopped paying attention to it.

“It’s crazy because it reminds you of what a business this is. You can’t get mad at anybody. I’m not mad, I’m not. I just don’t like the way some things were handled, but it’s OK.”

The long-running complaint of players about Bulls management was in evidence here — there is not communication. Or, what there is comes off as rose-colored visions of things, where what players want is honesty. All of that seems to be in play here.

Will Minnesota treat Butler better? Maybe, but also winning smooths over a lot of friction — and the Timberwolves are going to start winning. They look on paper (and early) like a playoff team in the West next season, one that can climb from there up to being one of the NBA’s elite teams. Karl-Anthony Towns is a top 20 NBA player now, Andrew Wiggins is good, and the team has quality role players everywhere.

A summer ago everyone just wanted the Bulls to choose a direction: Derrick Rose or Jimmy Butler? Who is your franchise leader? Turns out the answer is neither. Which is frustrating to Butler, but he landed in a good spot. Bulls fans on the other hand…

As expected, Blake Griffin reportedly opted out of contract with Clippers

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Doc Rivers says he wants Blake Griffin back with the Clippers next season.

The bigger question: Does Blake Griffin want to be back with the Clippers next season?

The decision is in Griffin’s hands as he has done what was expected, opting out of his contract for the coming season, reports Adrian Wojnarowski of The Vertical at Yahoo Sports.

A number of teams — Boston, Miami, and others — are expected to take a run at Griffin. (In Boston’s case, he’s a backup plan to Gordon Hayward, but there will be conversations.)

What Chris Paul — also expected to opt out and become a free agent this summer — and Griffin choose to do will help set the market. They are two of the biggest free agent names out there where they could switch teams (Stephen Curry and Kevin Durant are staying put). If they take their time making a decision, it leaves the Clippers in a bind — they have to wait to hear from these two before starting replacing or rebuilding, but by the time they know other players may have decided — and could bottleneck the free agent process.

The Clippers are going to be one interesting team to watch this summer.

Pistons’ Kentavious Caldwell-Pope suspended two games for DUI

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This is the standard penalty for coaches and players hit with a DUI. I don’t think the penalty is stiff enough in general for a serious issue, but this is the precedent that has been set.

Detroit Pistons’ guard Kentavious Caldwell-Pope has been suspended two games by the NBA for “pleading guilty to operating a motor vehicle while intoxicated, in violation of the law of the State of Michigan,” the NBA announced. He will miss the first two games of next season.

This will not stop Caldwell-Pope from getting PAID this summer.

A quality wing defender who hit 35 percent from three last season, he plays a position of need for a lot of teams and he is a restricted free agent. Other teams with cap space — Brooklyn and Sacramento come to mind — could step in and give him a max or near max offer. Then Stan Van Gundy needs to decide if he is going to match. He may not have much of a choice, if he wants to keep Andre Drummond and build an inside-out team around him, he needs Caldwell-Pope, and the Pistons don’t have the cap space to replace him.

One way or another, Caldwell-Pope is in line for a massive pay raise. This suspension will not slow teams, it just takes a little money out of his pocket.