With the Finals behind us and the draft and free agency looming, the rumors are flying fast and furious. Here’s a rundown of the latest scuttlebutt…

Things are rumored to be getting worse in Golden State.

The talk is that Monta Ellis is unhappy with the direction the organization is heading in, and still holds a bit of grief over the way they held his contract status in limbo for months following his moped injury. For weeks we’ve heard that Ellis is no longer interested in playing for Golden State, and apparently it had reached a point where it was “close to popping off” in the words of one NBA executive—meaning going to the media and publicly demanding a trade.

Let me get this straight — the franchise gives Ellis $66 million over six years and he rewards them by tearing up his ankle in a moped accident, missing 57 games this season. I’m sure he wasn’t happy about the 30-game suspension he served with no pay, but he wasn’t going to play in those games anyway. Shouldn’t he be punished for being boneheaded enough to tool around on a moped?

It sounds like the team has promised Ellis that he’ll be running the point next season and may have promised that they wouldn’t take a point guard at #7, prompting several prospects — Stephen Curry, Jrue Holiday, Tyreke Evans and Ricky Rubio — to refuse to work out for Golden State. Suddenly, Jordan Hill looks like a stronger possibility if he’s still on the board when the Warriors pick.

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…or so says Michael Lee of the Washington Post.

The Wizards, or Ernie Grunfeld in particular, has invested a lot into this group with Gilbert Arenas and Antawn Jamison. I think he really wants to see how far they can go if they are healthy. Jamison is the only Wizard to start in the past four postseasons and he was a one-man show in 2007, back when Gilbert and Caron Butler were out against Cleveland. They signed with the intention of keeping him. The best time to move Jamison was at the trade deadline last February.

NBCWashington.com’s Kyle Weidie expands on that line of thinking…

More important than the investments of Grunfeld are the interests of Abe Pollin. The aging owner is willing to do what it takes to compete for a title, but anyone familiar with Pollin’s modus operandi knows that doesn’t mean trading away an upstanding member of the community like Antawn.

Sure, the “perfect” opportunity could come knocking. But NBA GMs, especially in these economic times, won’t be rapping their knuckles on doors for a soon-to-be 33-year-old with three years and $40+ million left on his contract. Isiah Thomas is no longer running a team, people.

One look at the Wizards’ payroll and it’s easy to see that it’s a mess. Gilbert Arenas’s contract is ridiculous for a guy who has missed 91% of his team’s games over the last two years, and the Wizards still owe him $96 million over the next five seasons. Jamison is almost 33 and has more than $40 million remaining on his contract. The only truly reasonable deal amongst Washington’s “Big Three” is Caron Butler’s contract, but it’s also the shortest at two years and $21 million. Arenas and Jamison are virtually unmovable right now, and the Wizards would be dumb to trade Butler, who is arguably the team’s best all-around player.

Grunfeld wants to see what this group can do, and that’s great because he doesn’t really have any other options. He has hitched his wagon to this trio — or specifically to Arenas and Jamison — and is hoping they can succeed. But even with a healthy Arenas, does anyone really think the Wizards are a legit contender? Brendan Haywood is playing better (when healthy), but the Wizards still need a couple of big men to step into prominent roles. Washington has the fifth pick in the draft, but it is no sure thing that they’ll be able to find someone to help right away (Jordan Hill?), and the team is most definitely in “win now” mode.

My guess is that Arenas comes back reasonably strong and the Wizards finish the season as a #6 or #7 seed in the East, likely to be dismissed in the first round of the playoffs by Boston, Cleveland or Orlando. That’s probably a best-case scenario, and it’s not all that good, especially when the franchise is locked into this roster for the foreseeable future.