Archive for July 4th, 2012

Phoenix Suns to sign Michael Beasley

Phoenix Suns to sign Michael Beasley

The Phoenix Suns have reached a verbal commitment with free-agent forward Michael Beasley on a three-year deal worth $18 million, according to sources familiar with the deal.

Beasley can’t actually sign until July 11, which is the first day new contracts can be signed in the NBA.

Beasley chose the Suns from a group of five suitors after visiting with Suns officials on Wednesday, while Phoenix was also agreeing to trade Steve Nash to the Los Angeles Lakers in a sign-and-trade deal.

Beasley flew to Phoenix to meet with the Suns on Wednesday, the second time the two parties met. The Suns flew to Los Angeles to meet Beasley earlier this week.

– Reported by Marc Stein of ESPN.com

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Suns sign-and-trading Steve Nash to Lakers

Veteran star point guard Steve Nash is taking his talents from the Phoenix Suns and heading to the Los Angeles Lakers in a sign-and-trade agreement.

According to Marc Stein of ESPN.com, “Sources told ESPN.com that the Nash, with the New York Knicks also pressing hard to complete a simiilar sign-and-trade deal, was swayed to join the Lakers after a determined push from Bryant and because the move not only keeps him in the title hunt but will allow Nash to stay in close proximity to his three children in Phoenix. Nash will receive a three-year deal in excess of $25 million, sources said, because the Suns ultimately agreed to sign-and-trade him to the Lakers, who can absorb Nash via the trade exception they created by dealing Lamar Odom to the Dallas Mavericks in December.”

Per Elliot Teaford of the Los Angeles Daily News: “Nash joins a team that was in flux last season in Mike Brown’s first year as coach. The Lakers believed they had secured their point guard of the future when they acquired Ramon Sessions from the Cleveland Cavaliers and dealt Derek Fisher to the Houston Rockets. But Sessions opted out of his Lakers contract for next season to become a free agent. it’s unlikely the Lakers would continue their attempts to re-sign Sessions. It was believed Nash was bound for either the Toronto Raptors or the New York Knicks or perhaps with the Dallas Mavericks to re-unite with Dirk Nowitzki. The two-time NBA most-valuable player reportedly received a three-season, $36-million offer from the Raptors. Word leaked early Wednesday that he would not take it, however.”

Per Paul Coro of the Arizona Republic, “In the Nash sign-and-trade, the #Suns will get 2013 & 2015 first-round picks and 2013 & 2014 second-round picks.”

The 38-year-old Nash averaged 12.5 points, 3.0 rebounds, 10.7 assists on 53.2% shooting last season for the Suns.

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Injured Joakim Noah off French Olympic team

Chicago Bulls center Joakim Noah will not play for France at the London Olympics because of the left ankle injury he sustained during the NBA playoffs. Noah told L’Equipe he was “absolutely not ready. Not ready to run, not ready to jump.”

The 12 players who will represent France are to be announced Thursday.

Noah severely sprained his left ankle in Game 3 of the Eastern Conference quarterfinals against the Philadelphia 76ers in early May. He has been rehabbing outside of Los Angeles with his personal trainer Alex Perris, but the pair did not feel comfortable with the idea of playing on an ankle that is still not 100 percent.

“Now that the Olympics are out of the picture, it gives his ankle more time to heal naturally,” Perris said in a text message to ESPNChicago.com. “We will be training in New York City and Los Angeles, focusing on speed, explosion and power.”

– Reported by Nick Friedell of ESPN Chicago

Suns to meet with Michael Beasley, Raymond Felton

The Phoenix Suns apparently are envisioning a lineup for next season that looks something like this: Raymond Felton, Eric Gordon, Michael Beasley, Channing Frye/Markieff Morris and Marcin Gortat.

That is what you would have to take from the Suns’ hope to find agreeable contract terms today with Beasley during his Valley visit. Beasley’s visit comes two days after the Suns met Beasley in Los Angeles, a day after Gordon’s commitment to sign a four-year, $58 million offer sheet and the day before Felton visits in search of his fifth team in four seasons.

Beasley, 23, is also getting interest from Detroit but wants to come to Phoenix. A source said his agent, Jeff Schwartz, feels like Suns coach Alvin Gentry would be as good of a fit for Beasley as he was for Lamar Odom, when he was an immature, inconsistent young player for Gentry’s Clippers.

– Reported by Paul Coro of the Arizona Republic

A week ago, on the eve of free agency, Miami Heat President Pat Riley spoke of the hopes his team had for Heat free-agent guard Terrel Harris.

“We like him,” he said. “We like him a lot.”

And then something rather curious happened: nothing.

The Sun Sentinel has learned that the Heat bypassed extending a qualifying offer to the seldom-used rookie guard, leaving him an unrestricted free agent instead of a restricted free agent. As a result, the Heat do not maintain the right to match outside offers.

While Harris is expected to work with the team this summer, several factors in the new collective-bargaining agreement worked against Harris when it came to a qualifying offer.

– Reported by Ira Winderman of the South Florida Sun-Sentinel

Celtics close to adding Jason Terry

Celtics close to adding Jason Terry

If Celtics president of basketball operations Danny Ainge left any question about his desire to compete for a title next season, he eliminated such uncertainty Tuesday when the team agreed to terms on a three-year contract with veteran sharpshooter Jason Terry, according to an NBA source.

Terry, 34, played the past eight seasons with the Dallas Mavericks, establishing himself as one of the game’s top sixth men. He averaged 15.1 points this season in 31.7 minutes per game, shooting 37.8 percent from 3-point range.

When asked if he will sign with the Celtics, Terry responded “strong possibility” via text message.

Terry, who officially can sign a contract July 11, will sign for the full mid-level exception that begins at $5 million per season. The Mavericks, according to the source, offered Terry more money per season to return but only a two-year deal.

– Reported by Gary Washburn of the Boston Globe

Even before Deron Williams announced his decision on Twitter early Tuesday evening, the Nets had put together a terrific day at the box office.

“We sold approximately 500 full season seats today, and obviously it was a seven figure day for us in revenue,” Nets CEO Brett Yormark said shortly before Williams made his announcement. “It’s a great day. The fans in Brooklyn are excited about the possibilities.

“I think we are hitting our stride now, and I would hope this momentum will continue, and I anticipate it will.”

Tuesday’s success, both at the box office and with the signing of Williams, continues what has been an impressive run since the team officially was unveiled as the Brooklyn Nets within the shadow of their new arena, Barclays Center, on April 30.

– Reported by Tim Bontemps of the New York Post (Blog)

Knicks working with Suns on Steve Nash sign-and-trade

Steve Nash could be headed for a reunion with Amar’e Stoudemire as the Knicks and Phoenix Suns continue working on a sign-and-trade for the two time MVP point guard.

The proposed deal would include Iman Shumpert, a player the Knicks are reluctant to part with, as well as Toney Douglas and at least two other players. The trade is necessary in order for the Knicks to give Nash a contract comparable to the three-year, $36 million offer he received from the Toronto Raptors.

– Reported by Frank Isola of the New York Daily News

Ray Allen to meet with Heat on Thursday

Boston shooting guard Ray Allen, the Heat’s top target in free agency, will meet with Heat officials in Miami on Thursday as he continues to consider offers from the Heat, Celtics and Los Angeles Clippers.

Allen will visit the Clippers on Friday. As of Tuesday afternoon, he had not booked visits with his other suitors, including Memphis and Minnesota.

The Celtics reportedly have offered Allen $12 million over two years. The Heat can offer no more than $3.1 million per season over three years because teams that are above the luxury tax threshold have only a mini-mid level exception. The Clippers, who have a full mid-level exception, can offer $5 million annually over three years.

– Reported by Barry Jackson of the Miami Herald

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