HoopsHype.com Rumors

Phil Ervin: G Robbie Hummel, whom the #Twolves have rights to, is expected to play in the NBA's summer league in Vegas July 10-20. #NBA Twitter

Minnesota Timberwolves, Summer League, Robbie Hummel, Transactions 

After two seasons in Manresa, Adam Hanga will probably take the next step with a Euroleague team. The Hungarian guard is close to a 4-years deal with Laboral Kutxa. He is under contract with Manresa and Laboral Kutxa has to pay the buy out in order to get him and have the right to sign him with a four year contract with him. If this happens, everyone involved with the deal would be happy with they way things will turn out. Probably even the San Antonio Spurs. The Spurs are keeping Hanga’s NBA rights after picking him in number 59 of the 2011 draft. EuroHoops.net

San Antonio Spurs, Spain, Adam Hanga, Transactions, Laboral Kutxa 

The Timberwolves selected Robbie Hummel in the second round (No. 58 overall) of last June’s draft, and the parties agreed he would play the 2012-13 season in Spain, largely because of their glut of forwards. He’s “ready to go full bore” to make their roster for the 2013-14 season, though changes in their front office — Flip Saunders was named president of basketball operations last month, after David Kahn was let go — could add another element of uncertainty. He is expected to play for their entry in the 22-team Las Vegas summer league, scheduled to run from July 12 to 22. Post-Tribune

Minnesota Timberwolves, Robbie Hummel, Transactions 

“They wanted to see if I could stay healthy, and I proved that I could,” said Hummel, who averaged 3.6 points and 3.8 rebounds in 15.5 minutes in five games in Las Vegas for the Timberwolves last year. “My knee feels great, 100 percent normal. I feel like I had a great season, and it helped me a lot. You practice so much, playing only one game a week, you’re bound to improve. Seeing the game from a different perspective and playing with different rules, it’s only going to make you better.” Post-Tribune

Minnesota Timberwolves, Robbie Hummel, Transactions 

Net Daily: #Nets officials expect to meet with Bojan Bogdanovic sometime this month ... in Europe. He cant sign till July 11 at earliest. Twitter @NetsDaily

Brooklyn Nets, Bojan Bogdanovic, Transactions 

Jerry Zgoda: Re: Russian report Wolves are offering Bjelica...I've heard nothing to indicate Flip thinks he or any Euro prospect is NBA ready next season Twitter @JerryZgoda

Minnesota Timberwolves, Nemanja Bjelica, Transactions 

Tim Bontemps: There's a lot of noise about Bogdanovic's buyout #, but the underlying point has never changed: it's low enough that Nets can bring him over Twitter @TimBontemps

Brooklyn Nets, Bojan Bogdanovic, Transactions 

Tim Bontemps: And, barring a completely unexpected development, he'll be a Net next season. Have a feeling fans will enjoy watching him play, too. Twitter @TimBontemps

Brooklyn Nets, Bojan Bogdanovic, Transactions 

On development, King reiterated the Nets intention to sign Bojan Bogdanovic, saying he is the kind of player the Nets will need to bring in, with their tight salary cap. "Bojan is someone who's had big games. He can shoot the three, has good size, is very physical so the goal is to get him over here this year," King said. "He has an NBA buyout so the object is to exercise it and give him the money and get him to come over. I think he wants to come over." He added nothing can happen until free agency begins in July. NetsDaily

Brooklyn Nets, Billy King, Bojan Bogdanovic, Transactions 

Adam Hanga is not obsessed with playing in the NBA. "I see it more as an opportunity than a goal," says Hanga about the Spurs owning his NBA rights. ZoomNews.es

San Antonio Spurs, Adam Hanga, Transactions 

"Last year they [the Spurs] came to see me in Manresa four or five times and this season we've been talking more via phone and e-mail, so they have been much more interested every week about me and the team." ZoomNews.es

San Antonio Spurs, Adam Hanga, Transactions 

Jessica Camerato: #Bulls waive Ryan Allen (Tony's younger brother) and Marko Jaric. Roster at 13. Twitter @JCameratoNBA

Chicago Bulls, Free Agency, Marko Jaric, Transactions, Ryan Allen 

“It is a done deal,” said Hummel, the 58th pick in the 2012 NBA Draft by the Minnesota Timberwolves. “I am heading over to Spain. I’m excited. The Timberwolves and myself both agreed that it’s probably best for me to go overseas for a year. Journal and Courier

Minnesota Timberwolves, Robbie Hummel, Transactions 

Bartelstein said that the agreement with the team is Spain is with the Timberwolves’ blessing. Journal and Courier

Minnesota Timberwolves, Robbie Hummel, Transactions 

The Orlando Magic have signed rookie forward Kyle O’Quinn, General Manager Rob Hennigan announced today. Per team policy, terms of the deal are not disclosed. NBA.com

Orlando Magic, Kyle O'Quinn, Rob Hennigan, Transactions 

It is one of the great rags-to-riches New York stories. Four years ago Kyle O’Quinn was graduating from Campus Magnet High in Queens with only one scholarship offer. On Wednesday night he signed a three-year, $2.5 million contract to play for the Orlando Magic of the NBA. “He couldn’t be more excited,” said Alberto Ebanks, his agent. “This is him fulfilling his dream, a dream a lot of people probably never envisioned.” New York Daily News

Orlando Magic, Kyle O'Quinn, Transactions 

Kyle O'Quinn: Blessed!! Twitter

Orlando Magic, Kyle O'Quinn, Transactions 

The Chicago Bulls announced today the signing of 2012 first round draft pick Marquis Teague. Chicago selected Teague with the 29th overall pick in the 2012 NBA Draft. Per team policy, terms of the contract were not disclosed. NBA.com

Chicago Bulls, Marquis Teague, Transactions 

Jarvis Varnado was invited by the Miami Heat to the veteran camp Sportando

Miami Heat, Jarvis Varnado, Transactions, Training Camp 

In a move the Chicago Bulls will announce either later Tuesday or Wednesday, first-round pick Marquis Teague has signed his rookie contract and will travel from his hometown of Indianapolis to Chicago to begin workouts on Wednesday. "It feels good to finally get it out of the way," Teague said in a phone interview. "I just want to get in the gym and start working out." Chicago Tribune

Chicago Bulls, Marquis Teague, Transactions