Jan 25, 2012 10:18 AM EST
The Hornets have made Eric Gordon a four-year contract extension after receiving authorization from the NBA.
Gordon and the Hornets have until the end of Wednesday to reach a contract extension or he will become a restricted free agent at the end of the season.
Gordon had told Yahoo! Sports on Monday that he was waiting to learn whether NBA commissioner David Stern would grant him a contract extension before the deadline. Gordon said he was informed by Hornets general manager Dell Demps that it was up to Stern to decide whether to extend an offer. The NBA owns the Hornets.
Jan 25, 2012 10:17 AM EST
Lon Babby said Tuesday night the Suns would not offer Robin Lopez a contract extension, making him a restricted free agent at season's end.
"We reached out to (Lopez's agent) Arn Tellem and let him know that we were willing to engage in discussions to see if there was any common ground that might make sense," Babby said. "Their preference was to wait and see how things unfolded. We're perfectly fine with that.
"We just wanted to make sure we made the appropriate overture. Everything was completely amicable."
Jan 25, 2012 10:16 AM EST
Blazers interim general manager Chad Buchanan and members of the front office met face-to-face with Bouna Ndiaye, Nicolas Batum’s agent, on Monday and the sides continued conversations intermittently Tuesday.
Neither Buchanan nor Ndiaye would offer specifics about the talks or reveal whether the sides were close to an agreement. But one source with knowledge of the situation said Tuesday night that there was “nothing pending.”
Although Batum has repeatedly expressed a desire to remain in Portland and every key person in the Blazers’ front office has called Batum a building block of the future, there appears to be a difference of opinion as to what Batum is worth.
Jan 24, 2012 9:46 PM EST
The Magic have decided not exercise their team option on Daniel Orton for the 2012-13 season.
Orton will become an unrestricted free agent in July.
"You have to look at the whole body of work and look at where we are," Otis Smith said on Tuesday.
"It's nothing against Daniel. He's done what he's supposed to do. He's gotten himself in good shape. He's worked his tail off. It's nothing against him at all. It's just the way everything fell this year."
"I haven't done anything on the court to prove that I can play or anything, so I understand why they did it," Orton said. "But I don't understand a lot of things, such as why I didn't get a chance maybe to showcase what I have."
"The kid's healthy, so that's not an issue," said Orton's agent, Ara Vartanian. "I just don't know why you would have a player and not give him a chance to show what he can do or even get someone in return who has some value."
The Magic still could re-sign Orton when he becomes a free agent in July.
Orton was eligible to earn $1,182,600 if the Magic had exercised their option for 12-13.
Jan 24, 2012 9:43 PM EST
Kevin Love has not not agreed to a contract extension with the Wolves and talks are ongoing, according to sources.
A report from the Pioneer Press earlier on Tuesday indicated that Love had agreed to a four-year, $62 million extension.
Love will become a restricted free agent in July if he is unable to come to terms on an extension with Minnesota.
Jan 24, 2012 9:38 PM EST
The Memphis Grizzlies exercised the third-year contract option on Quincy Pondexter, guaranteeing his contract through the 2012-13 season, Chris Wallace announced.
Pondexter (6-6, 225) has averaged 4.4 points and 2.1 rebounds on .469 shooting in 14.9 minutes in 16 games this season after being acquired by Memphis from New Orleans on Dec. 24 for Greivis Vasquez. The 23-year-old scored a career-high tying 14 points on Jan. 8 at LA Lakers, sinking a career-best seven field goals.
Jan 24, 2012 12:41 PM EST
The New Orleans Hornets announced that they have picked up the option for the 2012-13 season for Xavier Henry and Greivis Vasquez.
Henry (6-6, 220), is in his second NBA season after being selected 12th overall by the Grizzlies in the 2010 NBA Draft out of the University of Kansas.
Vasquez (6-6, 211), is in his second NBA season after being drafted 28th overall by the Grizzlies in the 2010 NBA Draft out of the University of Maryland. In 17 games with the Hornets this season, he is averaging 5.6 points and 3.1 assists in 18.6 minutes of play.
Jan 24, 2012 11:43 AM EST
Flip Saunders has been fired as head coach of the Wizards, according to a source.
Washington has talked to Randy Wittman, currently an assistant coach with the team, about taking the interim role.
The Wizards have a 2-15 start to the season.
Jan 24, 2012 10:24 AM EST
Michael Beasley is eligible for an extension from the Wolves and shares the same agent with Kevin Love.
"It looks like it's going to go into summer," said Beasley, who will be a restricted free agent next summer if he doesn't sign an extension now. "I'm not worried about it. Everything will take care of itself. I just want to get back on the floor."
Beasley (sprained foot) isn't expected to play for another week.
Jan 24, 2012 10:19 AM EST
The Suns have until Wednesday to come to a contract extension with Robin Lopez but that appears unlikely.
Lopez would then become a restricted free agent on July 1, meaning the Suns still could match any other team's offer sheet to him.
Lon Babby said he has had several discussions with Lopez's agent, Arn Tellem, to inquire about an extension.
"We have talked to see if there was any common ground worth pursuing and I'd say it's unlikely at this time," Babby said. "It's been a completely amicable process. There really isn't any basis for doing a deal and we'll look at it again in the summer."
The Bulls offered a one-year deal to Fabricio Oberto, according to a report.
The Star Tribune writes that even if a deal is reached, GM David Kahn "hasn't won any brownie points with (Kevin) Love in this negotiation."
Eric Gordon said he has been informed by Dell Demps that David Stern must decide whether to extend an offer.
A report from ESPN's Stephen A. Smith indicates the Magic have inquired about a trade of Dwight Howard to the Knicks for Amar'e Stoudemire and Tyson Chandler.
Amid trade rumors, O.J. Mayo has been rediscovered by Lionel Hollins and the Grizzlies.
Jan 22, 2012 | Boston Globe
Kevin Garnett and Ray Allen will be free agents after this season, clearing $31 million in cap space.
Brandon Rush has been in contract-extension talks with the Warriors.
Jan 21, 2012 | Boston Globe
Paul Pierce is rumored to be at the center of Celtics trade discussions.
The Magic are considering allowing Dwight Howard to become an unrestricted free agent this summer.
Timberwolves coach Rick Adelman weighed in on Kevin Loveís desire for a maximum contract extension.
Jan 21, 2012 | Times-Picayune
Eric Gordon is open to signing a long-term contract extension with the Hornets.
Nicolas Batum's agent is expected to give the Blazers their counterproposal in Monday's meeting.
Magic general manager Otis Smith said the trade talk involving Dwight Howard is affecting Jameer Nelson.
Deron Williams is interested in playing for the Mavericks, Lakers or Knicks if he doesn't re-sign with the Nets.
The Magic have not ruled out making a run to trade for Steve Nash in the event the Suns decide to put him on the market.
George Hill has quickly become a productive member of the Pacers and both sides have interest in signing an extension before the Jan. 25th deadline.
Walker D. Russell Jr. has been playing for the Fort Wayne Mad Ants and will be making his first appearance on an NBA roste
Brook Lopez said he hasnít thought about his contract status.
The Wolves have until Jan. 25 to sign Kevin Love to an extension.
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