HoopsHype Wayne Ellington rumors
The Knicks re-signed Cole Aldrich, but the Smith signing could affect the status of Jeremy Tyler, who has a team option and is on the summer league squad. Jackson still believes he has too many guards and may have to cut Wayne Ellington if he can’t trade him for a big man. New York Post
Adrian Wojnarowski: In proposed deal, Dallas would send the Knicks its 2014 second round picks: Nos. 34 and 51, league sources tell Yahoo Sports. Twitter @WojYahooNBA
Sources told ESPN.com that the Mavericks, who immediately made reacquiring Chandler one of their priorities after their first-round playoff exit against San Antonio, soon will complete a trade with the Knicks that they will clinch by agreeing to take back the contract of New York's out-of-favor guard, Raymond Felton, as well. The trade is expected to cost Dallas two starters -- point guard Jose Calderon and center Samuel Dalembert -- along with prized young point guard Shane Larkin, reserve guard Wayne Ellington and future second-round draft compensation. ESPN.com
Sources tell Stein that the teams are in the process of setting up a call with the league office to get the requisite approval on the trade. Chandler is the player Dallas has missed most since it decided to let go several key contributors in free agency after the team's championship run in 2011. ESPN.com
Adrian Wojnarowski: Dallas has reached agreement on a two-year, $5-million plus deal with free agent guard Wayne Ellington, league sources tell Y! Sports. Twitter @WojYahooNBA
The Cavaliers chose not to extend Wayne Ellington a qualifying offer by this weekend's deadline, a league source told the Beacon Journal, effectively making him an unrestricted free agent. But the team remains open to re-signing him. Akron Beacon Journal
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