Weekend NBA rumors and deals (constantly updated)

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Just because you didn’t go to work today — you’re at home trying to hang Christmas lights, like that’s not work — doesn’t mean the wheels of NBA free agency and trades stopped. Not in the least.

This post is your one-stop shop for up-to-date, breaking info on what is happening around the league. (If you want a great wrap of what has happened up through Saturday morning, check out Matt’s post about how the league has gone nuts.)

8:47 pm: Eddie House recently had surgery on his left knee and will be out a couple weeks, possibly missing the start of the season for the Heat. With Battier and Miller and a versatile lineup, it will be interesting to see how much run House gets this season.

8:40 pm: The Boston Celtics have inked Jeff Green to a one-year deal worth $9 million. That is wildly overpaying for a nice player, which maybe is what they had to do to get him to take a one-year contract. There is a lot of potential in Green, he’s athletic, but in the end he is just average at everything — shooting, rebounding, defending, you name it. He’s not a bad player but the Celtics have given him a contract and will be giving him a role that is going to require him to grow a lot to fill. At least it’s just one year.

8:34 pm: Jason Richardson has agreed to a four-year deal to stay with the Orlando Magic, according to Adrian Wojnarowski of Yahoo. He was maybe the top swingman out there, but Caron Butler is headed to the Clippers and Rip Hamilton likely is headed to the Bulls, so the two prime landing spots are gone. Orlando may be rebuilding but J-Rich gives them a solid player and fan favorite on the court.

6:30 pm: J.J. Barea is not going back to the Mavericks — after his playoffs he was rightly ticked about getting a one-year offer — and it looks like it is down to the Knicks and Timberwolves are leading for his services.

6:09 pm: Dwight Howard has told the Magic that he wants to be traded. There is no uncertainty now.

That trade may be to the Nets, which is what Howard wants, according to Adrian Wojnarowski at Yahoo. The Magic have said they will trade him where they can get the best deal going forward for the team.

4:23 pm: Jeremy Pargo — the brother of Jannero — has signed a two-year deal with the Memphis Grizzlies. Pargo has played the last couple years for European powerhouse Maccabi Tel Aviv.

4:04 pm: Mike Bibby has reached a one-year deal to join the New York Knicks, reports Sam Amick of SI. Knicks fans, if you think this is a good thing you have not watched Bibby play since 2005. You would rather have Toney Douglas on the court. Bibby is not going to solve any problems.

3:55 pm: Reports are that the Milwaukee Bucks will match the four-year offer Denver made to Luc Richard Mbah a Moute. As they should have, this is less than $5 million a year for one of the elite perimeter defenders in the league.

3:50 pm: It’s official, Mike Dunleavy is a member of the Milwaukee Bucks. Two years, $7.5 million deal. That’s nice and all, but they had better keep Mbah a Moute, that matters a whole lot more. (and they are.)

3:18 p.m. Yahoo reports Spencer Hawes will sign a one-year deal with Philadelphia. Philadelphia is very big on bringing back the same team that lost in five games to Miami in the first round last year. No, we don’t know why either.

1:41 p.m.: The Nuggets have tendered a four-year, $19 million offer sheet to Luc Richard Mbah a Moute. Mbah a Moute is a restricted free agent, so Milwaukee has three-days to match the offer. You’d think they’d match, but Milwaukee’s done some weird things with their frontcourt in the past two years .

Brandan Wright is a Maverick. Good luck to all parties. 

Utah has reportedly made an offer for Josh Howard, which makes zero sense and a half.

1:26 p.m.: Aaron Gray has agreed to a deal with the Raptors, via Woj. The Raptors are going to be terrible, just a heads up.

12:05 pm: What are the Mavericks going to do with that massive $11 million trade exception from the Chandler to the Knicks deal? Rumor is try to get Samuel Dalembert in a sign-and-trade with the Kings, according to Marc Stein at ESPN. However, if the Kings renounced their rights to Dalembert (which Tom Ziller says they did) then this would only be able to be a four-year deal.

12:02 pm: Rasual Butler is about to sign with the Toronto Raptors, according to Yahoo.

12:00 pm: T.J. Ford is officially a member of the Spurs, backing up Tony Parker.

11:56 am: The Tyson Chandler to the Knicks deal is all-but done. There is a press conference where things get formalized later today. It’s a sign-and-trade that sends Andy Rautins and an $11 million trade exception back to the Mavericks (something they will use to try and land Dwight Howard or some other star).

This means Ronny Turiaf is officially a member of the Washington Wizards, where he can show Andray Blatche what hustling every night looks like.

11:26 am: The New Jersey Nets offered Nene a four year, $70 million deal, according to the New York Daily News (other sources say the offer is more like $64 million). That is a lot of money for a team that already has Brook Lopez at center, and a lot of money for a guy who has had a history of injuries. Make no mistake, Nene is the best big on the market right now, but that is overpaying. He is not Dwight.

11:13 am: The Hawks have signed Jerry Stackhouse to a deal. Feel pretty “meh” about that, but like it better than the Vladimir Radmanovic signing for them.

11:10 am: Brad Miller just had knee surgery and is slated to return to the Timberwolves the second half of January. He’s the guy with the old-man game who will spell Kevin Love and his old-man game.

11:00 am: A whole bunch of things happened while you were sleeping. Here is a quick rundown of the highlights:

• Dwight Howard’s agent Dan Fegan was given permission by the Magic to try and work a trade with either the Nets, Lakers or Mavericks.

• The Lakers, Hornets and Rockets are still trying to swing a three-team deal that gets Paul moved.

• Chicago is targeting Richard Hamilton — you call him Rip — after Detroit bought him out yesterday, reports our man Aggrey Sam with CSNChicago.com.

• Looks like the Celtics are going to land Delonte West.

• Grant Hill might have gone to the Knicks if they didn’t lowball him.

• Antonio McDyess is still trying to decide whether to retire or play another season. Didn’t he enter the league when George Mikan was still playing?

• The Spurs have not yet dropped the amnesty hammer on Richard Jefferson’s head.

• The Magic got Von Wafer as part of the Glen Davis/Brandon Bass trade. He was thrown in to soak up a trade exception. He got a three-year deal but only the first year is guaranteed.

• The Hawks have signed Vladimir Radmanovic. Yea, that is going to go well.

Report: Lakers reportedly never asked Anthony Davis about waiving trade kicker

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The Lakers reportedly didn’t address the trade date with the Pelicans before agreeing to deal for Anthony Davis. That oversight cost the Lakers leverage in negotiating parameters that’d open max cap space.

So, the Lakers are scrambling now.

Different proposals for revising the deal include Davis waiving his $4,063,953 trade bonus. At last check, he intended to receive the full the amount, though maybe he’s willing to leave money on the table to help his new team.

But the Lakers apparently haven’t even asked him yet.

Howard Beck of Bleacher Report:

The Lakers could have asked Davis to waive the kicker as part of the deal. Per league sources, they never broached it.

To give the Lakers (far too much) benefit of the doubt, maybe they’re waiting to see which free agents they can attract before asking Davis about the trade bonus. The Lakers might think they have a better chance of getting Davis to waive the bonus if they can present a compelling plan of how the extra money would be used.

More likely, it seems Lakers general manager Rob Pelinka just isn’t covering all the bases he should.

There are still ways for the Lakers open max cap space and get Davis more, if not all, of his bonus. Essentially, the Lakers must send out more money in the trade so they can take in more money, including Davis’ trade bonus. They could guarantee more of Jemerrio Jones‘ salary and/or sign-and-trade Alex Caruso in a revised version of the deal.

But Jones and Caruso would have negative value in those scenarios. So, the Lakers would have to attach sweeteners to whichever team took them.

That might be a justifiable cost of forming a team with LeBron James, Davis and a third star. It’s also a cost that should have been more thoughtfully considered before agreeing to terms with New Orleans.

To get under luxury tax, Thunder reportedly would trade Steven Adams, Andre Roberson, No. 21 pick

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As you read this, without their roster completely filled up yet, the Oklahoma City Thunder are more than $6 million over next season’s luxury tax line of $132 million. That’s just the guaranteed money. By the time you factor in non-guarantees and the cost of the No. 21 pick, the team will be more than $19 million into the luxury tax.

That price may be a little steep for Thunder ownership, according to Jake Fischer of Sports Illustrated.

It would be impossible for the Thunder to avoid the luxury tax without doing serious damage to their chances to chase a ring next season — and in a Western Conference that doesn’t have a dominant Golden State team on top, the Thunder believe they have a shot. This is likely more about reducing the tax hit than avoiding it.

The Thunder will pay $38.5 million next season to Russell Westbrook and $33 million to Paul George, and obviously those two are untouchable.

Adams will make $25.8 million next season and $27.5 million the one after that, however, trading him would do serious damage to OKC’s fourth-ranked defense last season. Adams is an integral part of the Thunder identity on and off the court, and trading him is highly unlikely. Dennis Schroeder will make $15.5 million each of the next two seasons, and he provided a lot of value for the Thunder off the bench.

Andre Roberson seems a more likely candidate. He missed all of last season due to a ruptured left patellar tendon (although they did miss him(. He’s set to make $10.7 million and if a team can be convinced the defensive specialist is back and healthy there would be teams interested. The challenge for the Thunder is constructing a trade that does not bring back salary.

Nothing may happen around the draft, but keep an eye on Thunder this summer as they try to save a little cash without damaging their playoff dreams.

Report: Rockets tried to give away Chris Paul, but teams – including Knicks – said no

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Rockets general manager Daryl Morey not only denied a report that Chris Paul demanded a trade, Morey said Paul would remain in Houston next season.

We might never know how tense the situation has gotten between Paul and James Harden. We might never know whether Paul requested a trade.

But we will know whether Paul begins next season in Houston.

Morey’s credibility is on the line with that. Will he really refuse to trade Paul? That’s not Morey’s style.

More likely, Morey made that declaration only after exhausting the market for Paul and the three years, $124,076,442 remaining on his contract.

Shams Charania of The Athletic, via CBS:

There’s not a team in the league right now that is like, “I’m going to go trade for Chris Paul.” Even some teams that they’ve called, I’m told, as just a dump, like, “We’ll give you Chris Paul for free,” those teams are like “We’re good.” So, the value just is not there right now.

Kevin O’Connor of The Ringer:

The Rockets recently explored trading Chris Paul into New York’s cap space, but the Knicks refused, according to league sources.

Good for the Knicks resisting. With Kyrie Irving apparently (maybe?) headed to the Nets and Kevin Durant‘s future up in the air, that’s the type of desperate move New York is known to make.

Paul, 34, is overpaid and declining. No team should absorb his contract into cap space.

But he’s still pretty good. Not nearly as good as he once was, but good enough to help the Rockets. Their championship window hasn’t necessarily snapped completely shut yet. There’s value in keeping Paul and trying to repair his and Harden’s relationship.

There also might be better opportunities later in the summer to trade Paul. Teams want to preserve their cap space now for free agents. But some teams will strike out and might view Paul as a good fallback option.

Of course, if Morey thought a deal later in the offseason were a possibility, he probably wouldn’t have so explicitly insisted Paul will remain in Houston.

Report: Minnesota “aggressive” in trying to trade up in draft, talked to Pelicans about fourth pick

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The Minnesota Timberwolves are slotted to pick 11th in the NBA Draft Thursday night. There they could land players along the lines of Brandon Clarke or Rui Hachimura, both of Gonzaga.

The Timberwolves have their sights set higher and they are looking to move up in the draft — maybe all the way to No. 4, reports Marc Stein of The New York Times.

Jon Krawczynski of The Athletic fleshed out some details.

Among the options being considered, as first reported by ESPN, is moving all the way up to No. 4, presumably for a shot at Vanderbilt point guard Darius Garland. He missed most of his lone season in college due to a knee injury, but prior to that was widely scouted as the top point guard in the draft class. Interest in such a move is indicative of Rosas’s mindset of star-chasing, an approach honed in Houston.

That sounds great in theory, but what is the deal to be made for the fourth pick? David Griffin of the Pelicans has made it clear the No. 4 pick is available, but they want a veteran — and one not too old — in return. The Timberwolves don’t have that guy on their roster. (Technically they do in Andrew Wiggins, but that’s not a contract — four years, $122.3 million remaining — that the Pelicans would take on.)

Minnesota’s head of basketball operations Gersson Rosas told The Athletic how hard this kind of trade can be.

“The reality is, and history will tell you, it’s hard to trade up into the top three of the draft, even top five in the lottery,” Rosas said. “It’s very difficult. We know, because we’re tried, and will continue to try. But that price, the premium that teams charge for that is at a high level in any draft in any year.”

Minnesota seems a long shot, but don’t be surprised if the Pelicans trade the No. 4 pick. New Orleans has worked hard to find someone to take that pick off their hands, so long as they get a fair price back.