Archive for July 18th, 2009

Walter Herrmann signs in Spain

EuroLeague.net reports: Tau Ceramica agreed to terms of a contract with small forward Walter Herrmann, who inked a two-year deal with the Euroleague powerhouse on Friday. Herrmann (206, 30) arrives from the Detroit Pistons, where he averaged 3.9 points and 1.8 rebounds in 60 NBA games last season. He has previously played three Euroleague seasons with Unicaja, averaging 7.3 points and 1.6 rebounds in 15 games in the 2005-06 season.

InsideHoops.com editor says: More long-haired, blond basketball players will need to step up and fill the void.

LeBron James extension now available

The Cleveland Plain Dealer (Brian Windhorst) reports: At 12:01 a.m. Saturday, the Cavaliers were able to offer LeBron James a contract extension because July 18 is the three-year anniversary of when he signed his most recent contract. It is believed the team will initiate contact soon to formally present an offer, which can be an extension of up to three years and around $65 million. James still has an option in his contract for the 2010-11 season, and the Cavs could offer three years on top of that.

InsideHoops.com editor says: It is widely assumed that LeBron will not sign an extension at this time and wait for 2010 NBA free agency.

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