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NBA news gathered from around the net.

Rockets To Sign Josh Powell

The Houston Rockets will sign Josh Powell to a multi-year contract, league sources told RealGM.

Powell's contract for next season will be non-guaranteed, which sets up the possibility of a trade. The six-year veteran will be eligible for the postseason.

A two-time NBA champion with the Los Angeles Lakers, Powell had spent the season playing overseas. He averaged 15 points and 9.9 rebounds in the Chinese Basketball Association.

Powell went to training camp with the New York Knicks in October.

Via Shams Charania/RealGM

Isaiah Austin Declares For 2014 NBA Draft

Isaiah Austin will enter the 2014 NBA Draft, leaving Baylor after his sophomore season.

Austin averaged 11.2 points, 5.5 rebounds and 3.1 blocks per game.

Austin is currently projected as the 38th overall pick by DraftExpress.

Via Tony Jones/Salt Lake Tribune

Lamar Odom, Knicks Close To Deal With Team Option For Next Season

Lamar Odom and the New York Knicks are nearing a deal that includes a team option for next season, according to sources.

Odom is expected to sign this week, barring any unforeseen snags.

By signing Odom to a non-guaranteed contract for next season, the Knicks would want to use the extra time to see if they can get the veteran forward to the point where he could be worthy of a roster spot.

Odom has dealt with off-court issues since his departure from the Los Angeles Clippers last season.

Via Marc Stein/ESPN

Channing Frye Hopes To Discuss Extension With Suns

Channing Frye has a $6.8 million player option for next season and would like to negotiate a contract extension.

Frye averaged 11.2 points and 5.1 rebounds this season on 43.3 percent shooting, including 37.1 percent on 3s.

"I want to talk to the Suns and make sure we're both on the same page about what I want," Frye said. "I'd love to stay here. It's up to them and their future and what they want to do. I love wearing this uniform. I think I take a little more pride in it than everyone else because I'm from here.

"It's looking for the future and if I could get something longer. I got kids and I want to be somewhere. I've been here for five years already so it wouldn't be bad to kind of not be worried about being traded or buying a house."

Only Goran Dragic ($7.5 million) and amnestied Josh Childress ($7.32 million) are on the Suns' books for more next season, although restricted free agent Eric Bledsoe stands to make more.

Via Paul Coro/Arizona Republic

Bulls Tried To Bring Kurt Thomas Out Of Retirement

The Chicago Bulls attempted to sign Kurt Thomas earlier this month before signing Lou Amundson and Greg Smith.

Thomas is now 41 and has not played since last season, considering himself retired.

Thomas played for nine teams in his 18 seasons as a pro after leading the nation in scoring and rebounding at TCU in 1994-95.

Via Marc Stein/ESPN

Smith Reiterates Personal Belief Anthony Will Re-Sign With Knicks

J.R. Smith reiterated that "in my heart" he does not believe Carmelo Anthony will leave the New York Knicks in free agency.

Smith has played eight seasons with Anthony, five on the Denver Nuggets and the past three on the Knicks.

Anthony has said he will consider everything that happened this season and around the Knicks in his decision.

Anthony is expected to receive interest from several teams, reportedly including the Chicago Bulls and Los Angeles Lakers, among others.

Via Ian Begley/ESPN

Bucks Sign Chris Wright To Multi-Year Contract

The Milwaukee Bucks have signed Chris Wright to a multi-year contract, the team announced Tuesday.

Wright had signed two 10-day contracts with the Bucks.

Wright has averaged 6 points and 2.1 rebounds in seven games with Milwaukee.

Via RealGM Staff Report

Carmelo Anthony To Rehab Small Tear In Shoulder

Carmelo Anthony was diagnosed with a small tear in his labrum and no surgery is required.

Anthony will sit out the New York Knicks' final two games of the season and will begin rehabilitation.

Anthony will be re-evaluated in one month.

Via RealGM Staff Report

Amar'e Stoudemire Open To Possibility Of Playing For Israeli Club Once NBA Deal Ends

Amar'e Stoudemire says he is open to the possibility of leaving the NBA when his contract ends after next season in order to play for Hapoel Jerusalem, the Israeli club he partially owns.

“We’ll see,’’ Stoudemire said. “You can’t rule anything out. The future is unknown and so if I have an opportunity to [play in Israel] and am still in great health, it would be great. I have one more year left on my deal and we’ll go from there.’’

Ori Allon, head of Hapoel's ownership group, has discussed the chance with Stoudemire before.

“We’ve discussed it in the past,’’ Allon said. “It would be tremendous and unbelievable but it’s still early. I think it’s a real possibility, but he played very well this season so it’s up to him.’’

Via Marc Berman/New York Post

Branden Dawson Returns To Michigan State For Senior Season

Branden Dawson announced on Tuesday that he has decided to remain at Michigan State University for his senior season.

Dawson averaged 11.2 points and a team-best 8.3 rebounds for the Spartans in 2013-14. He missed 10 games due to injury, including nine straight with a broken hand from Jan. 25 to Feb. 23.

"I was always pretty sure that I wanted to return for my senior season, but Coach Izzo said he would do what he does for all his players and gather some information," Dawson said in a statement. "As he started making calls, my mom came up and we met with Coach. The three of us decided that as far as my basketball career, both present and future, and the chance to finish my degree, including possibly needing to take just one class during my final semester, that my initial decision was the correct one. I'm vowing to improve my consistency and am looking forward to a great final season."

Via RealGM Staff Report

Glenn Robinson III Declares For NBA Draft

Glenn Robinson III averaged 13.1 points and 4.4 rebounds as a sophomore.

Warriors Recall Ognjen Kuzmic, Nemanja Nedovic From Santa Cruz

The Warriors recalled Ognjen Kuzmic and Nemanja Nedovic from the Santa Cruz Warriors.

Magic To Enter Into Single-Affiliate Relationship With Bayhawks

The Magic will run basketball ops and the ownership will handle business operations and community relations.

John Wall Leads NBA In Corner-3 Assists By Wide Margin

John Wall leads the NBA in corner three-point assists with 109, followed by LeBron James with 89 and Goran Dragic with 66.

Luol Deng Named Winner Of NBA's Citizenship Award

Luol Deng has been voted the 2013-14 winner of the J. Walter Kennedy Citizenship Award.

Lakers Have No Timetable On D'Antoni Decision

The Lakers owe Mike D'Antoni $4 million next season.

Clarence Gaines Jr. Expected To Join Knicks' Front Office

Clarence Gaines Jr. was a longtime scout with the Bulls.

Casper Ware Signs With 76ers For Remainder Of Season

Casper Ware said he is still trying to work out a deal for the future.

Pacers Clinch No. 1 Seed In Eastern Conference

The Pacers clinched the No. 1 seed in the Eastern Conference on Monday.

Rockets Reassign Isaiah Canaan, Robert Covington To D-League

The Rockets re-assigned Isaiah Canaan and Robert Covington to the Rio Grande Valley Vipers.

Andrew Bogut Out Indefinitely With Rib Fracture

Andrew Bogut is out indefinitely due to a rib fracture.

Kupchak: Lakers' Front Office All On The Same Page

Mitch Kupchak recently signed an extension to remain general manager of the Lakers, suggesting the working relationship with Jim Buss is strong.

Willie Cauley-Stein Staying At Kentucky For Junior Season

Willie Cauley-Stein averaged 6.8 points, 5.8 rebounds and 2.9 blocks in 23.8 minutes per game.

LeBron, Bosh Rest Against Wizards

LeBron James and Chris Bosh will sit out of the Heat's game against the Wizards due to rest.

Gary Harris Leaves Michigan State For NBA

Gary Harris averaged 16.7 points on 42.9 percent shooting to go with 4.0 rebounds and 2.7 assists per game.

DeMarcus Cousins Suspended One Game By NBA For 16th Technical Foul

DeMarcus Cousins will serve his suspension in the Kings' season finale on Wednesday against the Suns.

Jeff Teague, Monta Ellis Named NBA Players Of The Week

Monta Ellis averaged 25.7 points, 4.7 assists and 51.6 percent field-goal shooting in three games.

Montrezl Harrell Returns To Louisville For Junior Season

Montrezl Harrell was projected to be a first round pick.

Bulls Sign Greg Smith Through Next Season, Waive Tornike Shengelia

The Bulls signed Greg Smith to a contract for the remainder of the season and fully guaranteed for next season, a source told RealGM.

Damian Lillard Signs 3rd Richest Shoe Deal In NBA

Damian Lillard's new deal with Adidas is beat only by ones signed by Derrick Rose and LeBron James.
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