HoopsHype.com Rumors

Marc J. Spears: Forward Jared Jeffries has just worked out a buyout from the Rockets, source tells Y! Sports. Twitter

Houston Rockets, Free Agency, Jared Jeffries 

Alan Hahn: Jeffries buyout is done, now must clear waivers. Knicks will sign him then. Could join them for Tues. in ORL. Knicks must waive 1 now. Twitter

Houston Rockets, New York Knicks, Free Agency, Jared Jeffries 

Frank Isola: Jared loved living & playing in NY. D'Antoni loves him. Jared was originally an Isiah signing but Zeke not involved in this one, so relax Twitter

Houston Rockets, New York Knicks, Free Agency, Jared Jeffries 

Alan Hahn: Source tells Newsday that upon completing a buyout with the Rockets, perhaps as early as tomorrow, Jared Jeffries will sign with Knicks. Twitter

Houston Rockets, New York Knicks, Free Agency, Jared Jeffries 

Tommy Dee: Not to pile on but source confirms to me jeffries will be back with the knicks...has to clear first. Sounds like he will be ready for Fla. Twitter

Houston Rockets, New York Knicks, Free Agency, Jared Jeffries 

Frank Isola: Jared Jeffries will likely be available by tomorrow and set to rejoin Knicks. But someone must be released first Twitter

Houston Rockets, New York Knicks, Free Agency, Jared Jeffries 

Jared Jeffries, a favorite of the Knicks coaching staff who was playing his best basketball right before he was traded to Houston in the Tracy McGrady deal at last year's deadline, is a strong candidate to return to New York. Jeffries, according to a source, is working out a buyout today with the Houston Rockets. Newsday

Houston Rockets, New York Knicks, Trade, Jared Jeffries 

Marc Berman: Two sources said Rockets and Jared Jeffries are now working on buyout. A favorite of Mike D'Antoni's as Knicks review big-man options. Twitter

Houston Rockets, New York Knicks, Jared Jeffries 

Alex Kennedy: If Brewer or Balkman are dealt to open roster spot, Knicks will pursue free agents Troy Murphy, T.J. Ford, Jared Jeffries or Earl Barron. Twitter

New York Knicks, Free Agency, Troy Murphy, TJ Ford, Earl Barron, Jared Jeffries 

Tommy Dee: Jeffries told @anthonyMSG he'd come back to play for D'Antoni this summer and would consider less $$ on TKB Radio Twitter

Houston Rockets, New York Knicks, Jared Jeffries 

Ken Berger: The Jonny Flynn deal with Houston involves either Jared Jeffries or Aaron Brooks, sources say. Teams discussing picks, too. Not done. Twitter

Houston Rockets, Minnesota Timberwolves, Trade, Jonny Flynn, Jared Jeffries, Aaron Brooks 

The Knicks are not in the mix to trade for Jeffries. If they signed Barron, the Knicks would have to cut a player -- likely Renaldo Balkman, an Isiah Thomas draft pick and Denver pickup in the Anthony deal. It would be the second time Walsh dispatched the former South Carolina product. New York Post

Houston Rockets, New York Knicks, Trade, Jared Jeffries 

Alex Kennedy: Rockets shopping Yao Ming, Chase Budinger, Courtney Lee, Terrence Williams, Jared Jeffries and Jordan Hill. All available for right price. Twitter

Houston Rockets, Trade, Yao Ming, Terrence Williams, Jared Jeffries, Courtney Lee, Chase Budinger, Jordan Hill 

The Knicks still need to add a center to offset the loss of Mozgov. They hope to pursue Jared Jeffries if he gets bought out by Houston, former Knicks free agent Earl Barron, or a D-League player. The bigger picture to the trade is having a shot to add a third superstar, either Paul or Utah's Deron Williams in 2012 to compete against Miami's trio of LeBron James, Dwyane Wade and Chris Bosh. New York Post

Houston Rockets, New York Knicks, Free Agency, Trade, Earl Barron, Jared Jeffries 

Billups will replace Felton at point guard, and the club does not look at the swap as a downgrade for the short term. The Knicks still need to add a center to offset the loss of Mozgov. They hope to pursue Jared Jeffries if he gets bought out, ex-Knick Earl Barron or a D-League player. The bigger picture to the trade is having a shot to add a third superstar in Paul or Deron Williams in 2012 to compete against Miami. New York Post

Houston Rockets, New York Knicks, Free Agency, Trade, Earl Barron, Jared Jeffries 

Jared Jeffries in Houston supposedly is a name mentioned about returning to the Knicks. Perhaps T.J. Ford is he can find a place where someone would want him for short term. You’d say Michael Redd, though it’s questionable whether he can play. He is expected to return to try with the Bucks this week. Maybe Morris Peterson and always Marcus Banks, wherever he is now. It’s not a big field to choose from, but sometimes one guy can make a difference, like P.J. Brown for the Celtics a few years back. And in the Bulls case they may finally have become one of those teams with their surge of late that players in that situation would want to come. NBA.com

Chicago Bulls, Free Agency, Michael Redd, Morris Peterson, Jared Jeffries 

After each game-day's shootaround, Rockets forward Jared Jeffries puts himself through a long session of drills. Before each game, he goes through another workout. He then returns to his place on the inactive list and Rockets bench, waiting for a chance to put the extra work to use somewhere with an eye on next week's trade deadline. "I got a bigger picture in mind," Jeffries said. "I know the trade deadline is coming up. I know something will be resolved either here or somewhere else. I know this isn't going to be the end of my career. You go through rough stretches in your career, times you wish didn't happen, but I have a bigger picture in mind. I want to play this year and I want to be part of a playoff team in the future." Houston Chronicle

Houston Rockets, Trade, Jared Jeffries 

Jeffries has played in just 18 games this season, and just once in the past 12 games. He said he has not asked for a trade or discussed a buyout. "I don't ask for stuff like that," Jeffries said. "I control what I can control. I can control how good a shape I'm in, what I do and my mindset." Houston Chronicle

Houston Rockets, Trade, Jared Jeffries 

Two-plus weeks until the trade deadline, and the Carmelo Circus aside, along with those guys who everyone knows are on the block -- like the Nets' Troy Murphy and the Knicks' Anthony Randolph and Eddy Curry -- here are the guys that, according to front office sources around the league, are eminently gettable before Feb. 24: Golden State center Andris Biedrins, Memphis guard O.J. Mayo, Lakers forward Ron Artest, Portland centers Marcus Camby and Joel Przybilla, Philadelphia forward Andre Iguodala, Phoenix forward Josh Childress, Washington forward Rashard Lewis, Detroit guard Rip Hamilton, Cleveland forward Antawn Jamison, Minnesota guard Jonny Flynn, Charlotte forwards Stephen Jackson and Boris Diaw and Houston forward Jared Jeffries. NBA.com

Andre Iguodala, Trade, Anthony Randolph, Eddy Curry, Jonny Flynn, Ron Artest, Troy Murphy, Andris Biedrins, Josh Childress, Stephen Jackson, Rashard Lewis, Antawn Jamison, Jared Jeffries, Joel Przybilla, Boris Diaw, Marcus Camby 

The Houston Rockets will look to move at least one of their swingmen, including Shane Battier and Jared Jeffries. Yahoo! Sports

Houston Rockets, Trade, Jared Jeffries, Shane Battier