HoopsHype.com Rumors

Seven-year veteran Lou Amundson has been around long enough to know how the NBA works, to know that by Friday he could be traded or waived so the Timberwolves can resign Mickael Gelabale and Chris Johnson for the rest of the season. His agent has been talking to other teams about a possible trade, and Amundson in turn has been talking to his agent about whether the Wolves can deal him to a playoff contender for a protected second-round pick or if they'll waive him to clear a roster spot the Wolves will need if they intend to keep both players. "It's a business, so you have to think ahead with that stuff," Amundson said. "Everything's on the table right now. You never like to get traded, but sometimes the situation isn't what you hope it to be, and so it can work out for the best sometimes." Minneapolis Star-Tribune

Minnesota Timberwolves, Trade, Louis Amundson 

Wolves forward Lou Amundson said he has been talking with his agent about the very real possibility that he will be traded or waived Friday if the Wolves intend to make room for both Chris Johnson and Mickael Gelabale for the rest of the season. "It's a business so you have to kind of think ahead," Amundson said. "Whatever happens, just continue to do what I'm doing. Everything's on the table right now. You never like to get traded, but sometimes the situation isn't what you hope to it to be. It can work out for the best sometimes." Minneapolis Star-Tribune

Minnesota Timberwolves, Louis Amundson 

The Knicks and Sixers are said to have interest in Wolves forward Lou Amundson. He's the expected odd man out once a roster decision has to be made next week. The best the Wolves can expect in a trade is a heavily protected future second-round pick. 1500 ESPN

Minnesota Timberwolves, New York Knicks, Philadelphia 76ers, Trade, Louis Amundson 

Darren Wolfson: Told by a #Twolves contact they have additional days flexibility, so a Lou Amundson move is not required right this second. Twitter @DarrenWolfson

Minnesota Timberwolves 

Jerry Zgoda: Lou Amundson says he told himself not to pass the ball to any Pacers -- his team last year -- in Fargo and he didn't. "But it was weird." Twitter @JerryZgoda

Indiana Pacers, Minnesota Timberwolves, Louis Amundson 

Darren Wolfson: Told that while Amundson was the #Twolves top choice, they came close to signing Yi instead. Sean Williams was in play too. Twitter @DarrenWolfson

Minnesota Timberwolves, Free Agency, Yi Jianlian, Louis Amundson, Sean Williams 

Tolliver said by text Monday evening that Amundson's signing with the Wolves "absolutely" means he will sign elsewhere. Tolliver probably will sign either either Atlanta or Phoenix for the minimum, even though he has been holding out, waiting for more than that. Minneapolis Star-Tribune

Minnesota Timberwolves, Free Agency, Anthony Tolliver, Louis Amundson 

Darren Wolfson: Mark Bartelstein, Amundson's agent, & Kahn began these talks a month ago. Picked up in the last week with the Adelmans involved. Per Bartelstein -- no surprise at the veteran's minimum, but the #Twolves beat out a handful of teams for Amundson. Twitter @DarrenWolfson

Minnesota Timberwolves, Louis Amundson 

Sam Amick: Contract details for Lou Amundson, & more here: Amundson's deal is guaranteed for one year at $1.1 million. Nice pickup for Minny. I've always appreciated what Lou brings, & the fact that he always brings it. He was with Indy last year, but didn't get the sort of look he was hoping for with the Pacers. Sulia

Minnesota Timberwolves, Louis Amundson 

Veteran big men Louis Amundson & Anthony Tolliver, who held out late in free agency, will end up with big pay cuts. Amundson, who made $2.4 million last season with Indiana, will sign a one-year minimum deal with Minnesota for $1.07 million. Tolliver, who made $2.05 million last season with the Timberwolves, said he’ll sign with Atlanta, Phoenix or Minnesota on a one-year minimum deal. That would be worth $915,852. Sulia

Minnesota Timberwolves, Free Agency, Anthony Tolliver, Louis Amundson 

Here's what agent Mark Bartelstein said Louis Amundson, who will sign 1-year deal with Minnesota, will provide: "His athleticism is unbelievable,'' Bartelstein said. "I think that, with his athleticism, he fits really well with them and complements very well what they have.'' Sulia

Minnesota Timberwolves, Louis Amundson 

Chris Tomasson: Source just told me that will Lou Amundson will sign with Minnesota. Twitter

Minnesota Timberwolves, Free Agency, Louis Amundson 

Chris Tomasson: Source tells me Lou Amundson to sign a 1-year guaranteed deal for minimum, bit disappointed he didn't get more. Twitter

Minnesota Timberwolves, Free Agency, Louis Amundson 

Jared Zwerling: Free agent power forward Louis Amundson is closing in on a deal. Could happen as early as tomorrow. Unclear which team right now. Twitter

Free Agency, Louis Amundson 

Several sources have told ESPNNewYork.com that the Knicks want to add a seasoned power forward, possibly to back up Stoudemire. The top candidates are Kenyon Martin and Louis Amundson, but both players want at least the mini mid-level exception of $3 million or higher. Other fours include D.J. White, Chris Andersen, who played with Carmelo Anthony and J.R. Smith in Denver, and Jordan Williams, who played for the Nets last season. ESPN.com

New York Knicks, Free Agency, Kenyon Martin, Louis Amundson, Chris Andersen, Jordan Williams 

Jared Zwerling: FA PF Louis Amundson still talking to a number of teams. Not a favorite right now. Keep you posted. Twitter

Free Agency, Louis Amundson 

Jared Zwerling: While McGrady's name is out there, I'm still hearing a big is #Knicks focus. K. Martin, L. Amundson, D.J. White & Chris Andersen still FA. Twitter

New York Knicks, Free Agency, Kenyon Martin, Tracy McGrady, Louis Amundson, Chris Andersen, DJ White 

Jared Zwerling: Couple updates on FA PFs: Amundson (talking to many NBA teams); Blatche (a few teams); Andersen (training in Denver; waiting on right deal). Twitter

Free Agency, Louis Amundson 

Forward Lou Amundson - he of the high-energy, doing-the-dirty-work six-year career - continues to weigh his NBA options but is also talking to teams overseas. The Greek team Panathinaikos of the Euroleague is among said teams, source says. Amundson, who played a reserve role in Indiana last season, is confident he'll find a good spot in the league but is looking at everything. Sulia

Indiana Pacers, Free Agency, Louis Amundson 

Panathinaikos is looking for two big guys to complete the roster and doesn’t want to spend a lot of money. They can overcome their budget only for something extraordinary. Like for example Luis Amundson, for who they can spend up to one million U.S. dollars. The 29 year old power forward/center has a lot of offers by several NBA teams and may look to “Greens” only if he won’t find something good there. Panathinaikos has as an alternative Renaldo Balkman. The center from Puerto Rico ended the season in New York Knicks and is more feasible. EuroHoops.net

Free Agency, Louis Amundson, Panathinaikos, Renaldo Balkman