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July 25, 2014 | 11:37 PM ET Update

Marc Stein: Based on my famously dodgy math, Casspi's current contract would have exceeded Sacramento's mere $976,295 under the tax line. This way Casspi can sign deal that only counts for $915,243 on Kings' cap and allows SAC to keep Quincy Acy as opposed to waiving him first Twitter @ESPNSteinLine

The Knicks recently attempted to make a trade for Minnesota Timberwolves star Kevin Love, offering forward Amar'e Stoudemire and his enormous expiring contract, second-year guard Tim Hardaway, Jr. and swingman Iman Shumpert, according to a person with knowledge of the situation. But the longshot offer, made in the past week, was declined and never stood much of a chance, particularly since the Timberwolves could potentially strike a richer deal with the Cleveland Cavaliers involving No. 1 overall pick Andrew Wiggins. The Chicago Bulls, who have a bevy of intriguing assets to trade, have reportedly had conversations with Minnesota about Love in recent weeks since failing to sign Knicks star Carmelo Anthony in free agency. Wall Street Journal

Lakers GM Mitch Kupchak was quite surprised the Lakers were awarded Carlos Boozer via the NBA's amnesty provision, acknowledging as much before Boozer was formally introduced on Friday at the team's practice facility. "Fortunately for us and unexpectedly for us, our bid was the highest," Lakers GM Mitch Kupchak said. "Not for a second did we think he'd be available to us. Personally, I know he's going to have a great year this year, and at his age, there's no reason he can't play three, four or five more years. I think that's his expectation as well." NBA.com

The Los Angeles Lakers have signed free agent guard Xavier Henry, it was announced today by General Manager Mitch Kupchak. Per team policy, terms of the agreement were not released. “Xavier earned a spot on our team last season after being a training camp invitee, and we hope he continues the dedication to improving he has displayed for us thus far,” said Kupchak. “When healthy, Xavier provided our team with an offensive punch, and we expect he’ll strive to add to his skillset and become a well-rounded player.” NBA.com

When Luke Ridnour joined the Seattle SuperSonics as a rookie in 2003, veterans Brent Barry and Ray Allen helped him make the transition to the NBA. "It's crazy how fast it goes," Ridnour said. "And now I'm that guy for some younger guys." The Orlando Magic hope Ridnour can influence second-year guard Victor Oladipo and rookie guard Elfrid Payton just like Barry and Allen helped him 11 years ago. The Magic signed Ridnour, a pass-first point guard, to a two-year contract Friday. Orlando Sentinel

Jonathan Feigen: Rockets announce the signings of Clint Capela, Nick Johnson. Johnson gets the three-year deal we mentioned on Wednesday. Twitter @Jonathan_Feigen

"Even when we sucked, I always felt like we had championship aspirations," he said. "I don’t go into a game thinking we’re going to lose. Ever. I don’t care who we play against. But obviously, a lot of things need to go your way to win a championship. You have to be lucky. The chemistry has to be great. "We feel like we’ve dealt with a lot of adversity. I think that that adversity will help us in the long run. Our team is hungry. Our team is working hours in the middle of the summer, guys are working out every day. Only time will tell. But it’s exciting." Chicago Tribune

Adrian Wojnarowski: Sources had told Yahoo Sports in past 48 hours that are four finalists in process for new the NBPA executive director. Twitter @WojYahooNBA

Chicago Bulls center Joakim Noah has unveiled an effort to tamp down the city's gun violence, including a public service announcement in which he stars. In the PSA, Noah asks Chicago "what do you stand for." City residents are then shown what they stand for, including positivity and resolving conflict without violence. Bulls forward Derrick Rose says he stands "for my city." USA Today Sports

July 25, 2014 | 05:31 PM ET Update

Marc Stein: ESPN sources say that Omri Casspi, in a surprise, has just cleared waivers and is a free agent. With Casspi on a favorable minimum contract, expectation was that he'd be claimed, with Sacramento among the teams expected to put in a bid Twitter @ESPNSteinLine

Hennigan and the Magic added yet another veteran piece to the puzzle on Friday when they finalized the signing of point guard Luke Ridnour. The 11-year NBA vet gives the Magic some valuable experience at the point guard position to mentor talented youngsters Victor Oladipo and rookie Elfrid Payton. NBA.com

COMMERCIALS: ALL DURANT, ALL THE TIME

Kevin Durant has come second in the draft and MVP votings, but nobody in the NBA can touch him nowadays when it comes to pitching products - whether it's shoes, video games or soft drinks. He leads our Commercials Rankings and No. 2 (Kobe Bryant) is not even close.

   
July 25, 2014 | 04:19 PM ET Update

The Atlanta Hawks have signed rookie forward/center Adreian Payne, it was announced today by President of Basketball Operations/General Manager Danny Ferry. Per team policy, terms of the agreement were not announced. Payne was selected 15th overall by Atlanta in the 2014 NBA Draft. NBA.com

Washington Wizards guard John Wall has been selected to the 2014-16 USA Basketball Men's National Team, USA Basketball announced today. Wall will join 18 other players, including teammate Bradley Beal, who have been selected for the 2014-2016 USA Men's National Team pool. The 2014 USA World Championship Team and, if the U.S. qualifies, the 2016 U.S. Olympic Team, will be selected from that pool. "I am honored to be invited back to participate with USA Basketball and to have the opportunity to represent my country," said Wall. "I am also proud that Bradley and I will be able to represent the Wizards organization together while competing for roster spots against our peers from around the league." NBA.com

SOCIAL MEDIA VIDEOS: THE BEST OF VINE AND INSTAGRAM

Adding to our social media tools, you can now watch here all the videos NBA players are posting online – including those by Nate Robinson, Iman Shumpert and JR Smith, of course.

   
July 25, 2014 | 03:32 PM ET Update

Charlotte Hornets General Manager Rich Cho announced today that the team has re-signed guard Jannero Pargo. Per team policy, terms of the deal were not disclosed. “We’re pleased that Jannero will be back with us again this season,” Cho said. “He is a great veteran presence in our locker room who is always ready when called upon.” NBA.com

James Harden: What did I say? RT @Real_Sean_Ross: @James Harden real dick move to say about your boy parsons. Twitter @JHarden13

Patrick Beilein is leaving West Virginia Wesleyan to take a job on coach Quin Snyder's staff with the Utah Jazz, league sources told Yahoo Sports. Beilein, the son of Michigan coach John Beilein, will work under Snyder in a player development and video coordinator role. Snyder plans to utilize Beilein's strengths as a shooting instructor with a young, developing roster. Yahoo! Sports

The Sacramento Kings today announced two additions to the business operations staff: Juan Rodriguez will serve as general manager and senior vice president of arena operations, and Colin Twomey will serve as director of business strategy. NBA.com

 

SOCIAL MEDIA PICTURES: PHOTOS PLAYERS POST

Just like everybody else, NBA players are spending more and more time on social media sites and photo-sharing services. Check all the pictures they are posting on Instagram, Twitter and more here.

   
July 25, 2014 | 02:34 PM ET Update

Mark Medina: Can confirm @Chris_Broussard report that Lakers offered Byron Scott the job. I'm told it's in "early stages" of negotiations. The hope is there for Byron to have a deal done soon. But not clear if that will be a day, few days or more Twitter @MarkG_Medina

"I was flip-flopping," he admitted. "It was hard. It was Chicago, but then after I met with L.A., it was L.A. But it came back to Chicago -- and was pretty much always Chicago or New York. That's a situation where I could have walked in now to an opportunity to compete for the next however many years." ESPN.com

"I want to win. I don't care about the money," Anthony told ESPN.com. "I believe Phil will do what he has to do to take care of that. I don't think we're that far away," he added. "People use 'rebuilding' too loosely." ESPN.com

REAL ESTATE: WHERE DO PLAYERS OWN HOMES?

NBA players spend a lot on real estate. But where and how much exactly? Find out here

   
July 25, 2014 | 12:20 PM ET Update

Jared Karnes, Beasley’s agent, said Thursday he has had more than one conversation with the Heat but “nothing has resulted in a deal. [Other] teams have called expressing interest. There has been quite a bit of activity the past four days. Teams are encouraged by his career-best field-goal percentage (49.9) … and his attitude when asked to play a reduced role.” Among all players who appeared in at least 20 regular-season games, Beasley was 47th in points per 48 minutes, at 25.2. Beasley, who has been working out with Kevin Durant in Los Angeles, averaged 7.9 points last season in 55 games and made two starts but played just 23 minutes in the playoffs. Miami Herald

As for Oden, the Heat has not informed his agent, Mike Conley Sr., if the team wants him back. “They said they’ll get back to us,” Conley said. “A couple of teams have inquired. He wants to be able to play.” Miami Herald

The Hawks are finalizing the details on a rookie contract with first-round draft pick Adreian Payne Friday morning. The deal could be signed and officially announced shortly thereafter. The Hawks selected Payne 15th overall in the NBA Draft in June. The 6-foot-10, 245-pound forward played four seasons at Michigan State. According to the NBA Collective Bargaining Agreement, for his draft position, Payne’s salary will be $1,546,100 next season and $1,615,700 in 2015-16 as guaranteed deals. The Hawks would have team options for two more seasons. Atlanta Journal-Constitution

Though roughly half the Rockets rotation will be overhauled, Rockets guard James Harden said the part that matters most – he and Dwight Howard – will be just fine no matter the “role players” put around them. Speaking at an appearance in The Philippines, Harden said the Rockets could replace “pieces” that have left, including Chandler Parsons, Jeremy Lin and Omer Asik. “Dwight and I are the cornerstones of the Rockets,” Harden said. “The rest of the guys are role players or pieces that complete our team. We’ve lost some pieces and added some pieces. I think we’ll be fine next season.” Houston Chronicle

Former Los Angeles Lakers center Dwight Howard has sold his mansion-estate in Longwood, Fla., for $3.4 million. Howard, now in his second year with the Houston Rockets, paid $7.78 million for the lavish home known as Chateau D’Usse in October 2008, according to public records. He had asked for as much as $9.7 million for the property. Los Angeles Times

C.J. Fair has fired his agent and signed on with a new agency, both his former agent and his father confirmed on Thursday. Fair, who led Syracuse University in scoring in each of the last two seasons, was not selected in the NBA's draft last June. He played in the NBA's Las Vegas Summer League with the Dallas Mavericks. The summer league ended last weekend. "He terminated me yesterday,'' Torrel Harris, who had been representing Fair, said Thursday. "I like C.J. I wish the best for him.'' The Post-Standard

Harris said the Mavericks and a few other NBA teams had extended invitations to their training camps to Fair, but the invites came with no guarantees. Meanwhile, Harris said he had secured a $200,000 deal with a team in Europe for Fair. "It was a great deal,'' Harris said. "It was a deal with a EuroCup team that he chose not to take.'' Italian sports journalist Guido Guida reported on Twitter that Fair has signed with agent Joel Bell of the Bell Sports Inc. The Post-Standard

BUZZ METER: WHO'S TRENDING IN THE NBA TWITTERSPHERE?

Who's the man of the minute in the NBA Twittersphere? Find out here who's getting the most mentions at any given moment.

   
July 25, 2014 | 07:24 AM ET Update

The Cleveland Cavaliers cannot officially trade Andrew Wiggins before Aug. 23, but they remain the front-runner in the trade sweepstakes for the Minnesota Timberwolves' Kevin Love, according to sources close to the process. Sources told ESPN.com that the Wolves, at present, are higher on a Cleveland trade package centered around Wiggins than any other offer on the table for Love. ESPN.com

One source insisted this week, however, that the Wolves -- especially owner Glen Taylor -- actually now prefer a package headlined by Wiggins to a Thompson-led haul for Love because Wiggins is widely seen as possessing superstar potential while also just starting out on a rookie contract. Thompson is eligible for a lucrative contract extension from the Warriors or any team he's traded to between now and Halloween. ESPN.com

Los Angeles Clippers point guard Chris Paul told ESPN.com that it's "unacceptable" if Donald Sterling is still the owner of the team when the season begins. Paul also said he has spoken to coach Doc Rivers about the possibility of sitting out if Sterling remains in control when the seasons starts in a little more than two months. "That's something me and Doc are both talking about," Paul said Thursday after coaching his AAU program, CP3. "Something has to happen, and something needs to happen soon -- sooner rather than later." ESPN.com

Interim Clippers CEO Dick Parsons testified earlier in the week in state court that Rivers told him on multiple occasions that he doesn't think he wants to continue coaching the team if Sterling remains in control of the franchise. "We're all going to talk about it," Paul said. "We're all definitely going to talk about it. Doc, Blake [Griffin], DJ [DeAndre Jordan]. It's unacceptable." ESPN.com

The Thunder selected Stanford's Huestis with the No. 29 pick in this year's draft, a spot where players normally receive immediate guaranteed contracts for two seasons with two team option years thereafter. But in this case the Thunder are sending Huestis to their D-League affiliate for a year to play on a significantly reduced salary -- an estimated $25,000 instead of $750,000 -- with the potential of starting the standard NBA rookie contract a year or two later. (The D-League's 66ers were moved from Tulsa to Oklahoma City this offseason.) In essence, the Thunder are treating Huestis like an international player that stays overseas for years before coming stateside. Except in this case he's being sent to the D-League, where wages are minimal, instead of Europe or China, where they often exceed $1 million a season. (First-round pick Dario Saric, for example, is being paid just shy of $3 million to stay in Turkey this season in lieu of joining the Sixers.) SB Nation

This arrangement wasn't the Thunder's call alone. In fact, Huestis' agent Mitchell Butler tells SB Nation that the player's camp proposed it during the pre-draft process. "This was the perfect team and the perfect storm," he said. "This isn't for everyone." The prospect's two agents -- Butler and fellow former UCLA player Toby Bailey -- were concerned Huestis wouldn't even be selected. He wasn't receiving much interest in the first round and was at risk of dropping out of the draft entirely given the depth in this year's class. SB Nation

In preparation for its Turkish Airlines Euroleague return, Eurocup champ Valencia Basket Club added a new face to its backcourt by signing point guard Dwight Buycks to a one-year deal. Buycks (1.91 meters, 25 years old) will make his Euroleague debut with Valencia after having spent last season split between Toronto of the NBA and Bakersfield of the NBA D-League. Euroleague.net

It’s undeniable that in three full NBA seasons, the No. 2 overall pick from the 2011 NBA Draft has failed to meet the lofty expectations bestowed upon such highly touted prospects. Heading into this offseason, his game was in need of significant adjustment, and that was why he consented to play in Las Vegas. Or at least that should have been the primary reason. “Man, I don’t feel like I really need to prove anything,” Derrick Williams said after practice between the Kings’ first two summer league games. “I just know I want to get better with the team. That’s what I use summer league for. Just all get better, not just myself. Obviously you want to get better individually, but we’re here to play together and get this chemistry going. Myself, Q (Quincy Acy), Ray (McCallum), Ben (McLemore), some of the returners, we gotta get that chemistry since we’re so young.” Cowbell Kingdom

The ongoing saga of Manu Ginobili’s status for the upcoming FIBA Basketball World Cup took yet another turn after long-time national teammate/friend Luis Scola gave a scathing interview in the Argentine media threatening to boycott the event in light of rampant corruption within the country’s hoops federation. Ginobili is scheduled to receive an update on the stress fracture in his lower right leg on Friday. But even if healthy and cleared to participate, there now seems to be a chance that Ginobili and others could follow Scola’s lead if he does indeed follow through on his threat. San Antonio Express-News

As Scola told Hernan Sartori of Clarin, “Once you know and you stay involved, you become an accomplice. All we accomplished has been squandered. We have to keep fighting for transparency. But if this becomes a circus, I won’t be able to play anymore. I won’t be an accomplice.” Ginobili and Nocioni, among others, heartily endorsed his comments on Twitter. “The captain got angry and I’m great with that. Well said,” said Ginobili. Said Nocioni, “Embarrassment! I apologize because Argentine basketball does not deserve this!” San Antonio Express-News

As you’ve probably seen here and elsewhere, the Spurs’ fifth Larry O’Brien championship trophy is in the midst of a summer tour around the world to the various hometowns of players. After heading to more exotic environs in Argentina and Australia, it was Matt Bonner’s turn to take the trophy back to his native town — idyllic little Concord, home to roughly 43,000 and capital of New Hampshire. (Dig his t-shirt: We came, we saw, we Concord.) San Antonio Express-News

BUZZ METER: WHO'S TRENDING IN THE NBA TWITTERSPHERE?

Who's the man of the minute in the NBA Twittersphere? Find out here who's getting the most mentions at any given moment.

   

Did you miss Thursday's NBA rumors? check them out in the Rumors Archive.
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