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NBA Rumors for Thursday, July 2

InsideHoops NBA rumors updated 1:00 p.m. ET. More stories and other news also appears on the InsideHoops basketball blog.

nba rumors The Sacramento Kings cleared about $16 million in salary-cap space on Wednesday night, unloading two significant contracts onto the Philadelphia 76ers, league sources told Yahoo Sports. The Kings traded forwards Carl Landry and Jason Thompson and 2014 No. 8 overall draft pick Nik Stauskas to the 76ers for the rights to overseas players and a future second-round draft pick, sources said. Yahoo Sports

Sacramento wants to pursue several free agents with the space, including point guards Rajon Rondo and Monta Ellis and shooting guard Wesley Matthews, sources said. The Indiana Pacers were meeting with Ellis on Wednesday in Indiana and working to reach a deal with him, league sources told Yahoo. Yahoo Sports

nba rumors The Clippers gained a giant lure in their pursuit of DeAndre Jordan on Wednesday, agreeing to terms with Paul Pierce on a three-year, $10.5-million contract that will reunite the veteran small forward with Coach Doc Rivers. Pierce and Rivers won an NBA title together with the Boston Celtics in 2008 and will almost surely try to pitch Jordan on their collective potential with the Clippers, who will get the last word in the bidding for the free-agent center Thursday. LA Times

The Lakers are to meet with DeAndre Jordan on Wednesday night and the New York Knicks are scheduled to make a presentation to the player who has become one of the NBA’s top rebounders and defenders on Thursday before the Clippers. Griffin and Paul are not expected to attend the Clippers’ pitch meeting, having spoken privately to Jordan about their desire for him to return to the only NBA team he has known in his seven professional seasons. LA Times

nba rumors The Suns wanted size, defense, rebounding and leadership and went for it in 32-year-old center Tyson Chandler. The Suns kicked off free agency by setting on a five-year, $70 million contract with guard Brandon Knight, which matches Eric Bledsoe's deal from September, and added Chandler to fortify their middle as they continued pursued of star free agent LaMarcus Aldridge. Arizona Republic

The Suns plan for Knight and Bledsoe to play together, although that rarely happened last season after Knight was acquired in February and missed 16 of the last 17 games for an ankle injury that required offseason surgery. Knight, who is 6-3, was an All-Star candidate in his fourth NBA season, averaging 17.8 points, 5.4 assists, 3.2 turnovers and 1.6 steals in 52 games for Milwaukee. He shot 43.5 percent from the field, 40.9 percent on 3-pointers and 88.1 percent on free throws. Arizona Republic

nba rumors The Hawks have reached an agreement to re-sign [Paul] Millsap, a person with knowledge of the deal told The Associated Press on Wednesday. The person requested anonymity because the deal can't be finalized until July 9. The person said the agreement is a two-year deal with a player option for a third year that makes the contract worth $58.9 million. Deseret News/AP

The Hawks added size to their frontcourt by agreeing to acquire San Antonio Spurs center Tiago Splitter on Wednesday. The 6-foot-11, 245-pound Splitter averaged 8.2 points and 4.8 rebounds this season. He started in 35 of his 52 games. Splitter has two years remaining on his contract and will earn $8.5 million in the 2015-16 season and $8.3 million in 2016-17. Deseret News/AP

nba rumors On the opening day of free agency, the Thunder swiftly accomplished one of the two things it set out to do this summer. The team agreed to re-sign restricted free agent Kyle Singler, coming to terms with the reserve forward on a five-year deal worth more than $24 million on Wednesday. The deal could keep Singler in Oklahoma City through the 2019-20 season, although the fifth year of the deal is a team option. Oklahoman

Additionally, Singler’s average salary is not as costly on the books as it appears. With the salary cap projected to rise to $69 million next season and shoot to more than $90 million in 2016-17, Singler’s nearly $5 million average salary come 2016 will be the equivalent to about $3.75 million per year today. Oklahoman

Amir Johnson wasn’t the only deal the Celtics did on the first day of free agency. The Celts will be retaining the services of Jonas Jerebko, who impressed here last season after being from Detroit at the trade deadline. Boston Herald

The Knicks do not have any centers under contract for next season. The club will likely be in competition with the Los Angeles Lakers, Dallas Mavericks and Clippers for the big men on the market. It's worth noting that any team that misses out on Monroe, Aldridge or Jordan will likely have strong interest in Lopez. The Knicks have approximately $26 million in cap space to spend this summer and can offer a max contract. ESPN NY

The Blazers are also still in the running for [Robin] Lopez, but are prioritizing a frontcourt pairing of Aldridge and Detroit Pistons free agent big man Greg Monroe over Lopez. Lopez, 28, averaged 11.1 points and 8.5 rebounds for the Blazers last season. He earned $5.9 million last season and is in line for a significant raise this summer. Oregonian

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