Don’t expect Atlanta to extend Josh Smith. Which means more trade rumors.

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If you are taking preseason bets on “guy to show up in the most trade rumor posts” on your favorite message board, Josh Smith would be a good call.

For example, look at this one from Boston already. (By the way, Brandon Bass, Avery Bradley and a first round pick for Smith is a horrible trade for Boston. That’s an Isiah Thomas trade if you throw in an over-the-hill player to give a max deal to.)

But there are going to be a lot of Smith rumors because: 1) GM Danny Ferry is clearly thinking retooling in Atlanta; 2) Smith is already a trade rumor favorite; 3) Smith can play — 18.8 points per game, 9.6 rebounds per game and a PER of 21.1 — and is entering his prime at age 26; 4) Smith is in the final year of his contract; and finally…

The Hawks are not likely to be extending Smith. So Ferry told the Atlanta Journal Constitution.

“I’ve been clear that I value Josh as a player,” Ferry told the Atlanta Journal-Constitution. “He has worked hard this summer and I believe he is going to have great season. I’ve been in contact with his representatives. Josh and his representatives have been clear that he is excited about the direction of the team and wants to be part of the future in Atlanta. That being said, I don’t expect the contract situation to be resolved until next summer.”

This delay is as much Smith as the Hawks — like Andrew Bynum and Chris Paul and all the other big name free agents this year, Smith can make more money by opting out then re-signing with the Hawks. Smith would be an unrestricted free agent with a lot of offers (hello Dallas!) but the Hawks would be able to always offer more if they wanted to keep him (and he wanted to stay).

As for the rumors, Ferry would trade Smith for the right deal, but the front line of Smith and Al Horford is not something you break up if you think you can put the right pieces around it. Meaning this is not a given, you are going to have to give value for Smith, this is no fire sale.

Jason Williams out 6-8 months after injury in Big3 debut

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NEW YORK (AP) — Former NBA point guard Jason Williams will miss six to eight months after suffering a knee injury in the opening game of the Big3.

Corey Maggette, also injured in the opening week of Ice Cube’s 3-on-3 league of former NBA players, had surgery for a leg injury. There is no timetable for his return.

The injuries were announced Wednesday during a conference call with Cube and Big3 co-founder Jeff Kwatinetz, who also detailed a couple rules changes starting with this weekend’s game in Charlotte, North Carolina.

Games will be played to 50 points, instead of 60, with halftime coming when the first team reaches 25 points. Cube said that would help the four games per day move more quickly.

Report: Mutual interest between Knicks, Jeff Teague with Phil Jackson gone

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Phil Jackson’s exit is already opening doors for the Knicks.

No position differs more in the triangle from modern spread NBA offenses than point guard. But without Jackson demanding his point guard fit such a narrow profile, New York can pursue greater talents – like Jeff Teague.

Ian Begley of ESPN:

With Phil Jackson out and the triangle de-emphasized, the Knicks, under general manager Steve Mills, have interest in free agent point guard Jeff Teague, league sources told ESPN. League sources say the interest in Teague is mutual.

The Knicks aren’t as desperate at point guard after drafting Frank Ntilikina, but Ntilikina probably isn’t ready to run an offense full-time yet. Teague could be a stopgap – which might be necessary considering New York can’t easily pivot into rebuilding with Carmelo Anthony, Joakim Noah and Courtney Lee locked up.

Teague’s future with the Pacers appears uncertain with Paul George on the trade block. A key part of Larry Bird’s retooling last summer, Teague and Indiana might be headed in different directions now.

The Knicks make as much sense as anywhere for Teague – now that Jackson is gone.

PBT Extra: Rockets, with Chris Paul trade, show fearlessness in face of Warriors’ dominance

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The Rockets and Clippers both turned aggressive with today’s Chris Paul trade.

Houston is making a bold attempt to overtake the Warriors (a plan that could include other big moves). The Clippers are launching into rebuilding.

Kurt Helin breaks down what it means for both teams.

PBT Extra: With Phil Jackson discarded, Knicks face next challenge

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The Knicks did well to part ways with Phil Jackson, but where does New York go from here?

Masai Ujiri? David Griffin? Someone else?

Kurt Helin breaks down Jim Dolan’s options – and the approach the Knicks owner should take.