HoopsHype.com Rumors

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 

Teague ultimately signed a deal for 100 percent of his slotted salary in the first year, or $857,000, sources said. The following years are expected to be at the 120 percent slotted salary. Chicago Tribune

Chicago Bulls, Marquis Teague, Transactions 

Marquis Teague: “I’m about to get it figured out when I go back. We just pretty much came up with something. So as soon as I go back to Chicago, it’ll be done. We’re right there. We’ll figure it out.” Courier-journal.com

Chicago Bulls, Marquis Teague, Transactions 

Adrian Wojnarowski: Golden State has reached agreement on a 3-year, $2.6M deal with Draymond Green, league source tells Y! Green was 35th pick in June draft. Twitter

Golden State Warriors, Draymond Green, Transactions 

Adrian Wojnarowski: Warriors have team option on Green in the 3rd year of rookie deal, with $250K of $900K guaranteed. Green impressed G-State in summer league. Twitter

Golden State Warriors, Draymond Green, Transactions 

Djordje Matic: (Cavaliers draftee) Milan Macvan signed a two-year contract with Galatasaray Twitter

Cleveland Cavaliers, Galatasaray, Transactions, Milan Macvan 

David Baumann: New #Magic GM Rob Hennigan actually discussed the topic of Fran Vasquez. Said he will spend the coming months getting to know him. Twitter

Orlando Magic, Fran Vazquez, Rob Hennigan, Transactions 

Former Ohio State guard Jon Diebler will play a second season in Europe after signing today with Pinar Karsiyaka, a team in the Aegean Sea town of Izmir, Turkey. His agent, Lance Young, confirmed the signing. Buckeye Xtra Sports

Houston Rockets, Jon Diebler, Transactions 

Young said the Rockets encouraged Diebler to play overseas again this season because they are well-stocked with players on the wing. "(Rockets general manager) Daryl Morey told me they can see him on their roster in the future but this year is not the best time," Young said. Buckeye Xtra Sports

Houston Rockets, Daryl Morey, Jon Diebler, Transactions