Showing posts with label free agent. Show all posts
Carmelo Anthony returning to Knicks
Carmelo Anthony will sign a five-year, $120 million-plus contract to return to the New York Knicks, league sources told Yahoo Sports.
Anthony considered the Chicago Bulls, Los Angeles Lakers and Houston Rockets before deciding to re-sign. He notified the other teams on Saturday that he's returning to New York.
Anthony might still take less than the maximum $129 million the Knicks can give him, a source said.
Anthony is expected to publicly announce his return on Sunday.
After meetings with Chicago, Houston, Dallas and the Los Angeles Lakers, Anthony decided to recommit to Knicks president Phil Jackson and his new regime.
Anthony, 30, is a seven-time All-Star and the cornerstone of Jackson's plan to use salary cap space in 2015 and '16 to lure a star free agent to the Knicks.
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Pau Gasol tweets he's joining Bulls
The Chicago Bulls have reached an agreement with free-agent center Pau Gasol on a multiyear deal.
Gasol announced that he had chosen the Bulls on his Twitter feed Saturday.
Discussions between Chicago and the Los Angeles Lakers on a sign-and-trade deal for Gasol broke down, so the four-time All-Star will sign directly with the Bulls, sources told ESPN.com.
Chicago currently does not have salary-cap space, so it will have to make roster moves to free room to add Gasol.
If the Bulls are unable to work a last-minute trade of Carlos Boozer, it likely means they will have to release him via the amnesty provision and clear the forward's $16.8 million off their salary cap to make room for Gasol. The deadline for such a move is Wednesday.
Boozer then would be placed on waivers and teams with cap space could bid to pick up a portion of his contract. The team with the highest bid would get his services. With so many teams currently owning cap space, it is doubtful Boozer would pass through and become an unrestricted free agent.
The Bulls are also hoping to create additional cap space to sign 2011 first-round draft pick Nikola Mirotic, who reached a buyout agreement with his Spanish team last week with the intention of coming to the NBA. The 6-foot-10 power forward has been seen as an offseason priority for the Bulls as they look to bolster a strong front line that already includes Joakim Noah and Taj Gibson.
full story:-http://espn.go.com/chicago/nba/story/_/id/11207844/pau-gasol-tweets-joining-chicago-bulls
What next for LeBron James?
The best basketball player in the world is up for grabs. After guiding the Miami Heat to back-to-back NBA championships, there's now a real possibility that LeBron James could leave south Florida for a new challenge this summer... on a free.
James opted out of the final two years of his £12.3million-a-year contract with the Heat to become an unrestricted free agent. The 29-year-old was joined by Dwyane Wade and Chris Bosh, the other two members of Miami's big three.
Could you even begin to imagine such a situation in football? Just think of the shockwaves that would be send through the football world if Lionel Messi, Neymar and Andres Iniesta, for example, all decided to opt out of their Barcelona contracts and be open for all.
There would be a huge scrum from the world's biggest clubs to sign up the superstars. And what about from Barcelona's point-of-view? To see three core members of a team leave without a penny in return.
It's a striking situation, but one the Miami Heat are faced with. The spine of their back-to-back championship winning team are now exploring other avenues.
What's brought about this change? Losing to the San Antonio Spurs in such a one-sided NBA Finals series, and the realisation that the Heat were no longer top dogs. Miami were well beaten, their hopes of three titles in a row dashed, and they recognise they need to strengthen to compete for another championship next year.
