David Lee wooed by Blazers, but was worried about playing time. Portland offered $28 million over four years, but Lee didn’t think there were enough minutes to be had with LaMarcus Aldridge and Greg Oden already on the front line. It looks as if Lee left $21 million in guaranteed money on the table to stay with the Knicks and play out the season. This is a big risk, but it may pay off next summer.

Blazers, Aldridge still talking extension. While it’s good to hear that negotiations aren’t at a standstill, it’s still worrisome that a deal has not yet been finalized. Aldridge is not a no-brainer max-contract guy, so right now, the Blazers are trying to convince his agent that Aldridge is not worth the max. This can be a tough pill to swallow, expecially with all those teams sitting on loads of cap space next summer. If Aldridge becomes a restricted free agent in 2010 and gets a max deal in the form of an offer sheet, then the Blazers will probably match. But it’s their job to get him for what they think he’s worth, and right now the franchise has the leverage.

Monta Ellis warming up to Stephen Curry. Ellis was worried that Curry was just a shooter, but he’s shown the ability to create (specifically the nine assists he had in the Warriors’ first preseason game). I’m not sure why Ellis is so concerned with the team’s front office decisions, as he should be focused on having a bounce-back year after a fairly disastrous 2008-09 season. Curry and Ellis may face some matchup problems on the defensive end, but they have the potential to create as many problems for their opponents on the other end of the court.

LeBron not a fan of the “sit down” rule. I don’t blame him. He doesn’t want to see the emotion sucked out of the game, and that’s what this rule does. The league doesn’t want its players to block the view of the fans that pay thousands and thousands of dollars for premier seats, but there has to be a compromise here. Why not have a rule where the players can stand up to cheer a play but have to sit down within some set amount of time?

The New York Knicks have re-signed David Lee. Nate Robinson is close to a deal as well.

Lee’s agent, Mark Bartelstein, told ESPN.com on Thursday that the sides have an agreement in principle on a one-year contract.

“We’re on the verge of getting this done,” Bartelstein said. “I believe David will sign the contract tomorrow.”

The contract is believed to be worth $7 million for the 2009-10 season with incentives that could take it to $8 million if the Knicks reach the playoffs.

Fellow restricted free agent Nate Robinson has also reached terms with the Knicks on a one-year deal, according to a source with knowledge of the talks, that will pay him a higher salary than Robinson’s $2.9 million qualifying offer.

The Knicks’ stance has been clear all along. They are very reluctant to sign players to contracts that run longer than one year because they want to have as much cap flexibility as possible next season when they hope to woo a big-name free agent to New York.

If Lee’s contract demands were more reasonable, he would have signed a multi-year deal with another team a long time ago. But his camp has demanded $8-$10 million per season this entire time, and the market just won’t bear it. He’s a great rebounder, but he’s just an average defender and his numbers are a bit inflated because the Knicks play at a frenetic pace. By signing a one-year deal, he is risking the financial security of a mid-level deal that he no doubt could have signed had he been willing to reduce his asking price.

Would you rather have a guaranteed $7 million with a shot at a long-term deal averaging $8 million next summer or a mid-level deal that runs five years and a guaranteed $34 million starting this summer? If he suffers a career-ending injury this season, his decision to sign a one-year deal will cost him $27 million.

That’s a lot of risk. After all, 27 million birds in the hand are better than 47 million in the bush, right?

Per the Charlotte Observer…

The Charlotte Bobcats and Raymond Felton’s agent both confirmed this morning that Felton has signed the one-year, $5.5 million qualifying offer for this season, which will make him an unrestricted free agent next summer.

This amounts to an acknowledgement that the team and Felton couldn’t work out a long-term deal. Agent Kevin Bradbury said Felton isn’t upset by that and wants to remain in Charlotte.

The solid play of D.J. Augustin has made Felton expendable in Charlotte. Felton averaged 14.2 points and 6.7 assists last year, but shot less than 41% from the field and less than 29% from long range.

When restricted free agents are unable to work out a long-term deal, it’s a sign that they will be moving to a different zip code within a year. We’ll see if that holds true for Felton.

Trevor Ariza is featured in the most recent issue of ESPN The Magazine and in an article written by Sam Alipour, he discusses how he came to sign with Houston instead of staying put and re-signing with the Lakers. (Insider subscription required.)

That script began to be rewritten at the toll of free agency, 12:01 a.m. on July 1, one minute into the day after Ariza’s birthday. He was still celebrating with family when he received a call from his agent, David Lee. “He said, ‘The Lakers called, and they think you’re worth only the midlevel,’ ” or $5.8 million a year, Ariza recounts. Technically, it wasn’t even an offer. Says Lee of the Lakers GM, “Mitch Kupchak’s exact quote was, ‘We want Trevor on the cheap, and we’re not going to make an offer. Find what the market will bear and come back to us.’ ”

Read the rest of this entry »

I’ve written about this ad nauseam, but the Bucks elected not to match Minnesota’s offer for up-and-coming point guard Ramon Sessions.

Even with the whole Ricky Rubio/Jonny Flynn mess strategy, this is a nice move by the Timberwolves. Sessions can play a little off guard, but he and Flynn will have some battles in practice and should ultimately make each other better. He’s just 23 and has proven that he can be productive in limited minutes, and now that he’s locked into a reasonable contract, he’s going to be a valuable asset for the T-Wolves.

Per the Memphis Commercial Appeal…

Free-agent guard Allen Iverson informed the Grizzlies this morning that he will accept a one-year offer to bring his explosive scoring to FedExForum this season, according to an NBA source.

Iverson’s decision came following a Monday night meeting in Atlanta with Griz owner Michael Heisley, general manager Chris Wallace and head coach Lionel Hollins. Iverson, a 34-year-old, 13-year veteran, will play for a contract that pays $3.5 million (what the Griz have left under the salary cap) and the deal will be loaded with incentives.

Iverson confirmed his decision on Twitter.

Iverson will join MIke Conley and O.J. Mayo in the Grizzlies’ backcourt. Coming off the bench hasn’t worked for AI in the past, so I’d expect a deal was made that would have Iverson start, likely alongside Mayo.

AI is a veteran with a unique skill set, so the fact that he landed with the Grizzlies instead of joining a contender is a testament to the current state of the economy and his unwillingness to accept a lesser role to play for a winner.

Yes, according to ESPN’s sources.

Knicks president Donnie Walsh said he doesn’t think a Lee sign-and-trade is possible. Even though the Knicks like Lee, Walsh said he is not interested in signing the forward to a long-term contract at this point; he wants to maintain as much payroll flexibility as possible for next summer, when LeBron James, Chris Bosh and other prominent players will be free agents.

“We can’t get a deal” for Lee, Walsh said.

Contract discussions are expected to heat up next week. Many league officials think the deal will fall in the $6 million-to-$8 million range, but the two sides will exchange more concrete numbers soon. Lee could be rewarded more generously since it will be just a one-year contract.

When Walsh says that he “can’t get a deal” for Lee, he means that he can’t get a deal that either 1) brings them a player they covet, like Chris Bosh or Amare Stoudemire, or 2) brings them an asset of value (a first round draft pick, a young cheap player) while still allowing for financial flexibility next summer, when they hope to make a run at LeBron James and/or Dwyane Wade.

This is a nice move by the Knicks, who will reward Lee for his performance thus far while at the same time reserving the right to trade him during the season if a deal comes along that they like. He’ll become an unrestricted free agent next summer, and the Knicks could bring him back or he could sign elsewhere.

…and it’s not with the Knicks or Clippers. It’s with the Timberwolves.

The waiting and wondering is finally over for restricted free agent Ramon Sessions, who agreed Friday to sign a four-year, $16 million offer sheet with the Minnesota Timberwolves.

A source told ESPN.com that the paperwork on the deal was being processed Friday morning. After Sessions signs, the Milwaukee Bucks will have seven days to match the offer, which they are not expected to do.

The Knicks were only willing to guarantee one year because they did not want to eat into their cap space next summer.

As regular readers know, I’m a big fan of Sessions’ game and I think $4 million per season is a steal. I hope my beloved Bucks match the offer, but all signs seem to point to the franchise letting him go.

Here’s what I wrote about Sessions back in July…

Three million, eh? That’s what a 23-year-old with the 13th-highest PER amongst point guards garners these days? Sessions has the 5th-highest PER amongst point guards under the age of 26. This means that if he continues on his current career trajectory, he has a great shot at being a perennial top 10 point guard in the NBA.

But the past is the past, and the Bucks are faced with losing an up-and-coming, highly-efficient, very talented point guard because they aren’t (or may not be) willing to pay him more than $3 million per season. If the Bucks are smart, they’ll match any offer up to the mid-level and let Sessions and Jennings battle every day in practice. Sessions has already proven he can be productive in 25 minutes per game, so it’s not like he’s going to suddenly lose his value because he has to share time with Jennings. And neither guy is a great shooter, so the Bucks won’t have to drastically change their offense when one guy subs into the game.

One thing’s for sure — Sessions is an asset, and he shouldn’t be let go because the Bucks want a $2 million cushion under the luxury tax. Heck, there’s no guarantee that Jennings is going to pan out or that he’ll get along with Scott Skiles. Sessions might just turn out to be the Bucks’ point guard of the future.

Small market teams have to build through the draft and via trade, not through free agency. This means that they have to hold onto assets when they have them, not let them walk away at a discount.

We’ll see what GM John Hammond decides, but right now it’s not looking good.

It’s that time of year in the NBA. Free agency is winding down, training camps are still a few weeks away and the news is generally slow.

So when the worst team in the league makes an offer — doesn’t sign, mind you, only makes an offer — to a 34-year-old former MVP whose best years are behind him, it becomes the lead story on ESPN’s NBA page.

Iverson is one of the most high profile, unrestricted free agents remaining on the market, and there were reports in recent days that he was leaning hardest toward reuniting with his old coach, Larry Brown, with the Charlotte Bobcats.

But the Bobcats are for sale and are under severe financial constraints, and Iverson’s other strongest suitor — the Miami Heat — is already more than $3 million into luxury tax territory and has not been willing thus far to make Iverson a substantial financial offer.

Memphis is approximately $3.5 million under the salary cap for the 2009-10 season and thus could easily outbid Charlotte and Miami for the services of the 10-time All-Star, whom Grizzlies owner Michael Heisley sees as a strong gate attraction.

Iverson could help a contender, but his stint in Detroit leaves the impression that he doesn’t play well with others. This is why teams like Charlotte and Memphis are in the running for his services.

According to a Dime source, Allen Iverson is headed to Charlotte to reunite with former head coach Larry Brown.

Friday night, Dime’s Aron Phillips spoke to an unnamed source who works in the NBA and said that Allen Iverson has worked out the details of a contract with the Charlotte Bobcats, but the deal won’t be official until next week. The general consensus surrounding A.I. is that the 34-year-old is too stubborn to blend into a contender’s system, and at the same time, will stunt the development of any up-and-coming young team. But Iverson in Charlotte could be a win-win for both sides: The ‘Cats need a go-to scorer on the perimeter, and Raja Bell and Gerald Henderson are more than expendable as far as coming off the bench while Iverson starts at two-guard.

Iverson is one of the league’s all-time most popular players, so he should help the Bobcats move some jerseys as well. Depending on what the team decides to do with D.J. Augustin, this could greatly impact Felton’s bargaining position heading into next summer. If Augustin starts, then Felton will have to come off the bench in a reserve role, and that will hurt his numbers.