HoopsHype.com Rumors

At the end of the game I could chat with combo guard Nando de Colo, who had just reached an agreement with the San Antonio Spurs (for two seasons) hours before. He seemed very excited to join the NBA (to join the Spurs, above all) and grateful to his former team (Valencia). Sulia

San Antonio Spurs, Nando De Colo, Transactions 

Nando de Colo has agreed to a two-year deal with the San Antonio Spurs. "It's a great honor to arrive to the Spurs, but I will never forget the three years I spent in Valencia". Valencia Basket

San Antonio Spurs, Nando De Colo, Transactions 

If Blazers draftee Joel Freeland doesn't pay his €1.5 million ($1.84 million) buy-out clause before tomorrow, he will continue playing in Unicaja. Diario Sur

Portland Trail Blazers, Joel Freeland, Unicaja, Transactions 

If forward Erazem Lorbek is going to head to the San Antonio Spurs next season, he may have to choose between playing on basketball's highest stage or accept one of the largest contract in Barcelona team history. According to Mundo Deportivo, Spanish team FC Barcelona will offer Lorbek the largest contract in team history ProjectSpurs.com

San Antonio Spurs, FC Barcelona, Erazem Lorbek, Transactions 

If the Nets do decide to sign and bring over Shengelia for next season, his buyout from Charleroi is only $300,000. NBA teams are allowed to contribute up to $550,000 towards the buyout of an international player. “I think the initial thought was to draft and keep him overseas, but things could change,” Johnson said on Friday. “Depending on our roster, we’ll have five games to look at him in Orlando, but he’s playing like a man that doesn’t want to go back over there. That’s what this evaluation process is about. We know what he would like to do, but it just depends upon where we are with our roster and how fast he develops.” ZagsBlog.com

Brooklyn Nets, Avery Johnson, Transactions, Tornike Shengelia 

Rick Bonnell: #Bobcats say they have signed No. 2 overall pick Michael Kidd-Gilchrist. Fairly simple these days under rookie scale. Twitter

Charlotte Bobcats, Michael Kidd-Gilchrist, Transactions 

Under the rookie pay scale, salaries for first-round picks are slotted based on draft position. Kidd-Gilchrist will make about $4 million this season. His contract is guaranteed this season and next, and then the Bobcats will have two one-season options, based on the collective bargaining agreement. Charlotte Observer

Charlotte Bobcats, Michael Kidd-Gilchrist, Transactions 

Jonathan Feigen: Having had no issues on buyout or FIBA clearance, Rockets expect to sign 2011 draft pick Donatas Motiejunas in next day or two, source said. Twitter

Houston Rockets, Donatas Motiejunas, Transactions 

Georgian forward Tornike (“Toko’’) Shengelia, whom the Nets took with the 54th pick in the draft, was supposed to stay in Europe for another year, according to GM Billy King. But Shengalia is in New Jersey and is on the summer league team. “I want to play here and make the team,’’ Shengelia said. ”I want to try to do everything, what it takes, to make the team.’’ Newark Star-Ledger

Brooklyn Nets, Summer League, Transactions, Tornike Shengelia 

SER Vitoria: Nemanja Bjelica's agent confirmed to SER Vitoria Minnesota's interest in Bjelica. They will have to wait until July 11th. Twitter

Minnesota Timberwolves, Nemanja Bjelica, Transactions 

The Golden State Warriors have signed Harrison Barnes, whom the club selected with the seventh overall selection in last week’s NBA Draft, to a contract, the team announced today. Per team policy, terms of the deal were not released. NBA.com

Golden State Warriors, Golden State, Transactions 

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

Orlando Magic, Andrew Nicholson, Rob Hennigan, Transactions 

Nando De Colo is in San Antonio to undergo physical tests as part of its contract negotiations with the Spurs. Back on (July) 6. Twitter

San Antonio Spurs, Nando De Colo, Transactions 

Raul Alzaga: Kostas Papanikolau said he will stay with Olympiakos one more year before heading to the NBA. Twitter

New York Knicks, Olympiacos, Transactions, Kostas Papanikolaou 

Fenerbahce and Anadolu Efes want Giorgios Printezis, but his priority is Olympiacos or the NBA. Gazzetta.gr

New York Knicks, Giorgios Printezis, Transactions 

Mark Jones: Raptors quietly hoping Valenciunas not in Olympics. Raps source "he needs to get into NBA mode in summer league.its a big adjustment for him" Twitter

Toronto Raptors, Summer League, Olympics, Lithuania, Jonas Valanciunas, Transactions 

Larry Lage: Joe Dumars says the #Pistons expect to sign Kyle Singler July 11. Detroit drafted him last year & he chose to stay in Spain after lockout . Twitter

Detroit Pistons, Joe Dumars, Kyle Singler, Transactions 

George David, the Pistons' director of player personnel, is charged with compiling the team's roster for the July 9-13 Orlando Magic Summer League, a process which began by calling undrafted free agents late Thursday. David said he expects to have the roster finalized by Monday. Knight, Daye, 2011 second-round draft picks Macklin and Kyle Singler, and 2012 second-rounders Khris Middleton and Kim English all are scheduled to play for the Pistons. Booth Newspapers

Detroit Pistons, Free Agency, Summer League, Kyle Singler, Kim English, Vernon Macklin, Khris Middleton, Transactions 

The Rockets extended a $4.3 million qualifying offer to guard Courtney Lee on Friday, assuring that he will be a restricted free agent to allow the Rockets to match any offer sheet he receives, a person with knowledge of the move said. The team will also begin the process to sign last season’s first round pick Donatas Motiejunas first thing on Sunday, the first day they may begin working to sign him. Motiejunas must first complete the paperwork on his buyout in Europe then receive FIBA clearance from his previous team before he can sign with the Rockets. The process is expected to take no longer than five days, allowing him to report to the start of summer league training camp July 8. Houston Chronicle

Houston Rockets, Free Agency, Summer League, Courtney Lee, Donatas Motiejunas, Transactions 

The Denver Nuggets want their top pick to get more seasoning overseas. Evan Fournier is ready to start his NBA career this fall. Fournier, a 6-foot-6, 190-pound guard from France, was the 20th overall pick in Thursday's NBA draft. The Nuggets drafted him with the idea of having the 19-year-old play one or two more years in Europe, but Fournier said he wants to stay here. "I want to play next season,'' he said. "I don't want to go back to Europe.'' SI.com

Denver Nuggets, Evan Fournier, Transactions