Hedo Turkoglu is close to a one-year, $1.4 million deal to re-sign with the Los Angeles Clippers.

Turkoglu signed with the Clippers last season after finalizing a buyout with the Orlando Magic.

Turkoglu is 35 and will be entering his 15th NBA season.

Luke Hancock, a clutch championship shooter at Louisville, has reached agreement on a one-year, NBA-minimum contract with the Memphis Grizzlies, league sources told RealGM.

Hancock, 24, went undrafted in June after playing two collegiate years at George Mason and his final two for Rick Pitino. As the Most Outstanding Player in the 2013 NCAA tournament, Hancock propelled Louisville to a national championship and went for 22 points and 5-of-5 three-point shooting in the title game against Michigan.

The 6-foot-6 swingman averaged 12.3 points and 2.6 rebounds in 36 games last season.

Hancock played for the Orlando Magic and Houston Rockets in the July NBA Summer League.

Rajon Rondo has informed the Boston Celtics that he "wants out," according to a report.

Rondo has indicated that he will not re-sign with the Celtics in 2015 and that he would not re-sign with the Sacramento Kings, who have been linked to the point guard, either.

The San Antonio Spurs and Los Angeles Clippers have emerged as possible destinations for Ray Allen.

Allen is still deciding whether or not he will retire, but he has been widely expected to join LeBron James with the Cleveland Cavaliers should he continue his playing career.

Doc Rivers is a natural recruiter for Allen given their time together with the Boston Celtics.

The Spurs have one roster spot available.

Zoran Dragic is being tracked by multiple NBA teams.

Dragic has played for Unicaja Malaga since the 12-13 season and is the younger brother of Goran Dragic.

Dragic went undrafted in 2011.

Leandro Barbosa has agreed upon a one-year deal with the Golden State Warriors for the veteran minimum.

Barbosa played 20 games last season with the Phoenix Suns.

Barbosa received initial interest from the MIami Heat as well.

The Houston Rockets signed Tarik Black to a two-year, partially guaranteed contract, a league source told RealGM.

The Rockets announced the signing on Wednesday afternoon.

Black, a 6-foot-8 forward, played 13 games for Houston in the July summer league.

After three seasons at Memphis, Black transferred to the University of Kansas where he averaged 5.5 points and 3.9 rebounds per game as a senior. He went undrafted in June.

Joel Embiid signed his rookie scale contract with the Philadelphia 76ers on Tuesday.

"Officially signed my NBA contract today... I'm BLESSED!!!! The American Dream "Coming to America," Embiid posted on his verified Twitter account.

Embiid was the third pick in June's NBA draft and could miss the 2014-15 season.

The Minnesota Timberwolves will sign Brady Heslip to a camp deal, according to a source.

The Wolves were impressed with Heslip's play in the Summer League.

The San Antonio Spurs have signed Josh Davis to a multi-year contract.

Davis went undrafted in June out of San Diego State.

Davis will likely battle fellow camp signees JaMychal Green and Bryce Cotton for what might at best be one roster spot.