Deron Williams denied a report from Yahoo! Sports' Adrian Wojnarowski that had sources claiming he would leave the Nets if they were unable to acquire Dwight Howard.

"I would love to know who (his) source is (because) he knows more about what I'm thinking then I do," wrote Williams on Twitter. "Maybe they can help me decide?"

Williams will be an unrestricted free agent this summer.

Dwight Howard regrets his decision to forgo his early termination option on his 12-13 contract, according to sources

Howard seeks a trade before next season and his camp is applying pressure on the Magic to pursue a deal as soon as a new general manager is in place.

Several GM candidates have been creating trade scenarios involving Howard and proposing them to CEO Alex Marins during the interview process.

If the Nets win the lottery to select Anthony Davis, it will not be enough to sign Deron Williams as a free agent, according to sources.

"It's Dwight Howard or bust," said a league source who has spoken to Williams.

Williams doesn't want to wait for Davis to develop and won't re-sign with the team unless they become an instant contender.

The Nets believe they will be able to retain Brook Lopez in a potential trade with the Magic if they win the lottery.

Sources say Howard regrets opting into his contract and seeks a trade before the 12-13 season. But the Nets become a far less appealing destination if Williams leaves and that is why Howard's camp is putting pressure on the Magic to do a deal once a general manager is in place.

The Sixers have elected to not pick up their option on the third-year contract of Craig Brackins.

By not picking up the third-year $1.5 million option, Brackins becomes an unrestricted free agent.

Brackins was acquired by Philadelphia in September of 2010 in a trade with the Hornets.

Brackins played sparingly for the Sixers as he preferred playing on the perimeter rather than the role of a more traditional power forward.

Tim Duncan will be a free agent this offseason, but has been widely expected to re-sign with the Spurs.

Duncan confirmed that assumption over the weekend.

"Though I shouldn't say that; I have to threaten them that I'll leave," joked Duncan. "No … I'm not going anywhere. You can print that wherever you want to. I'm here and I'm a Spur for life."

The Knicks have no interest in signing Allen Iverson, according to a source close to the situation.

Iverson told a national TV audience on Wednesday: “I want to play basketball so bad.”

Glen Grunwald confirmed the Knicks will seek to solidify their backcourt through the draft or free agency.

“We have two guards who are restricted free agents, so we’ll be able to retain them,’’ Grunwald said of Jeremy Lin and Landry Fields. “The question is then how we fill out the rest because Baron suffered a pretty bad injury and he’s not going to be able to play next year. And Shump is going to be out a bit recovering from his injuries. We’re going to have to see if we can upgrade the rest of the roster while Shump is out.’’

Josh Childress could be amnestied by the Suns this offseason in order to create additional cap space.

Childress is owed $21 million on his contract.

The future of Childress is tied closely to Grant Hill, who is a free agent and has undergone two surgeries since September.

"I can't control the DNPs," Childress said on exit day. "That's something I'm going to work very hard to not let happen again."

The Magic hope the new general manager will convince Dwight Howard to sign a long-terme extension with the teams.

Two sources denied a report from Chris Sheridan that the Magic have already decided to trade Howard.

CEO Alex Martins has spoken publicly about how the franchise doesn't want to enter the 12-13 season with uncertainty about Howard's future, meaning that they will attempt to trade him if he doesn't agree to an extension.

Beno Udrih has exercised his player option for next season to remain with the Bucks.

Udrih, 29, is set to earn $7.8 million next season.

Lamar Odom is owed $8.2 million in 2012-13, the final year of his contract, but can be bought out this summer for $2.4 million.

A source says Odom has the Knicks "on the top of his list" in the event he becomes a free agent.

"Lamar is big on being comfortable," the source said. "And New York is somewhere he can be comfortable."

Odom averaged career-lows of 6.6 points and 4.1 rebounds in 50 games with the Mavericks.

"It definitely won't be the fiasco that it was last year," the Odom source said of the 13-year veteran's approach to 2012-13. "He wants to find a place where he can end his career, and New York is ideal. He's won championships in the past and he wants to win another. And to do it there would be great."