Jason Kidd has reportedly given a verbal commitment to re-sign with the Dallas Mavericks.

Sources told ESPN.com that Kidd, 36, will receive a 3-year, fully-guaranteed contract worth in excess of $25 million.

Kidd elected to stay in Dallas in the face of a hard push from the New York Knicks, who last week offered Kidd the most they could ($19 million over three years).

Some say that Kidd flirted with the Knicks only to strengthen his bargaining position with the Mavericks, but I think Dallas knew that someone would make him a mid-level offer and that they’d have to come a little stronger. Kidd was still an elite point guard as recently as the 2006-07 season, but over the past two seasons his athleticism has degraded somewhat, and he now gets by on guile more than speed or quickness.

This seems like a fruitless endeavor for the Mavs. Locking up Kidd for another three years will help keep Dallas in the playoffs, but they are a far cry from being a serious contender in the West. Dirk Nowitzki can opt out next summer (but may not), Josh Howard is signed through 2011 and Jason Terry is signed through 2012. This core blew its chance for a title in the 2006 Finals when Dwyane Wade went on a rampage (with more than a little help from the refs), and then overreacted by trading budding star Devin Harris away for Kidd. If Harris were still on the roster, the Mavs’ prospects would be brighter.

Pistons not willing to pony up for Boozer?

The Pistons would love to sign Carlos Boozer should he decide today to opt out of the final year of his contract with the Jazz and become a free agent.

However, if Boozer opts out, he would leave $12.6 million on the table in Utah. Thus, there is a good chance Boozer, as has been widely speculated, would look to start his next contract at $14 million or $15 million.

If that is the case, the Pistons most likely would walk away.

Just because a guy asks for a contract starting at $14-$15 million doesn’t mean that the Pistons have to give it to him. If Boozer opts out, the Pistons are his most likely landing spot, so they set the market, not him. If he wants an unreasonable deal, they shouldn’t walk away, they should make an offer and give him some time to find a better one. Chances are that he won’t, and he’ll end up taking Detroit’s deal.

Assuming Boozer does not dramatically reduce his asking price, the Pistons would go after Bucks forward Charlie Villanueva.

Villanueva will turn 25 in August and is coming off his best season. He averaged 16.2 points and 6.7 rebounds for the Bucks.

The Pistons could conceivably sign Gordon and Villanueva and still have money left over to pursue re-signing Antonio McDyess.

I estimate Gordon’s value to be about $9 million, though he has turned down bigger offers from the Bulls in the past. Villanueva will probably get lots of MLE offers, so the Pistons would likely have to trump those to convince him to play in Detroit instead of Cleveland (or for another contender). So if Detroit signs both, expect them to pay at least $15.5-$16.0 million combined. That doesn’t leave a lot of space for McDyess.

Jason Kidd is meeting with the Knicks. According to the article if they don’t get Kidd, they may go after Ramon Sessions.

Kidd doesn’t seem like a very good fit for a team in the beginning stages of a rebuilding process, though the Knicks hope to accelerate that process by signing one or two big-name free agents next summer. I’m sure Kidd is interested in the prospects of being a part of that team, but it’s unclear how much of a role money will play in his decision. Unless they work out a sign-and-trade with the Mavs, the Knicks can only offer Kidd the mid-level exception (~$5.8 million).

As for Sessions, I think the Bucks are positioned to match any offer up to the mid-level, and I think that’s the top end of his market right now. Milwaukee would be wise to lock him up before next summer’s free-for-all.

Hedo Turkoglu turned down a four-year extension worth $35 million after the Finals.

“It’s going to be hard, but it’s not out of the question, and it’s certainly not out of our focus,” Vander Weide said of re-signing Turkoglu. “We didn’t do (the Carter trade) thinking automatically that Turk won’t be here. What you try to do in this league is collect assets, but occasionally you have to move those assets for something that’s a better fit. We still see Turk as an asset, and we’ll try to get something done, but we won’t know for a week or so what kind of deal we’re up against.”

Four years is longer than I would want to go, but I think he’ll eventually regret passing that deal up. Stan Van Gundy and the Magic gave him the opportunity to thrive and it’s shortsighted to pass up the chance to play on a championship-caliber club for a few extra million. The Blazers, Raptors and Kings are said to be interested, but only Portland is a serious championship contender.

Meanwhile, the Magic may very well be ruining a good thing buy acquiring Carter and letting Turkoglu walk. It’s not wise to drastically alter the face of a team that just went to the NBA Finals. And it’s not like the Lakers revealed some glaring deficiencies in the Magic roster. Sure, L.A. won in five games, but two of those wins were overtime games that could have gone either way. A healthy Jameer Nelson might have made the difference.

Anderson Varejao is going to test the market.

The Cavs can go over the salary cap to sign Varejao, but he’s free to sign with any team. The Cavs will not be able to match any offer he gets.

Varejao was slated to make around $6.2 million next season, so there isn’t much risk here. Someone will give him a multi-year mid-level deal, so he should get the security of guaranteed money. There’s no guarantee that the Cavs will bring him back because it will be tough to play both he and Shaq at the same time.

Trevor Ariza’s agent, David Lee, says that the Lakers won’t get a hometown discount.

“It’s a question of how committed the Lakers are to competing again,” Lee said. “If everyone else stood still, you could see what happens when a piece is missing, but the reality is teams out there are positioning themselves to be competitive. When other teams are getting better, you can’t afford to rest on your laurels.”

“If you’re doing a one-year or two-year deal, you could have all sorts of conversations about the Artests or the Turkoglus,” Lee said, “but if you’re talking a five-year deal, Trevor’s going to be 28 and those guys are going to be 35.”

So if some other team offers Ariza a deal averaging $6.5 million per year and the Lakers make an offer that averages $6.3 million, Ariza won’t stay in L.A.? If he does, that would be the definition of a hometown discount. I think most players would agree to some sort of a discount to stay put (especially on a championship team in sunny Los Angeles), it’s just a matter of how much.

I think Ariza’s floor is the mid-level.

Andre Miller wants $30 million?

One source has said Miller will be seeking around $10 million a year, which is what he earned last season, and that he will more than likely desire a minimum contract length of three years.

Stefanski said a sign-and-trade was “a possibility.”

In layman’s terms: The Sixers are over the salary cap. If they do not re-sign Miller, they cannot offer his salary to another player on the free-agent market. Per NBA rules, the Sixers are allowed to re-sign their own guy.

The Blazers are supposedly interested, though I think $10 million per season is pretty steep for a 33 year-old, especially for a three-year deal. I estimated his value to be $6-$7 million per season, but I could see him signing for a bit more. My guess is that a lot of these guys are going to have to lower expectations once free agency begins.

Brandon Bass is hoping for the mid-level.

Bass will be seeking the mid-level exception. Because he has been with the Mavericks for two seasons, they can offer him any annual salary up to the exception without actually using their exception.

The mid-level is expected to be between $5 million and $5.5 million.

That seems fair, if a bit high. I pegged his value somewhere in the $4.5-$5.5 million per year range. I think Bass is a starter-quality power forward, and at 24, he has some upside.

Once the draft is over, the next step of the NBA offseason is the free agency period. Negotiations start July 1, but players have to wait until July 8 to actually sign on the dotted line. Due to the economy, this promises to be an interesting summer, as more franchises seem to be trying to cut payroll than add talent. There are eight teams with significant cap space this summer, and there’s no guarantee that they’ll be willing to use it. Teams that are over the cap can add good players in two ways: 1) they can sign a player to the Mid-Level Exception (MLE), which will be around $5.8 million per season (and can be split up between two or more players), or 2) they can work out a sign-and-trade with the player’s old team.

Below is a list of the top unrestricted free agents this summer. These are players who can sign with whomever they like. They’re ranked in order of total value, which is based on overall talent, age, injury history and cost.

For each player, I’ll provide his position, age, Player Efficiency Rating (PER) and an estimate of what kind of contract he’s likely to sign.

1. Carlos Boozer, PF (27 years-old)
PER: 17.28
At press time, Boozer hasn’t officially opted out, but he is expected to. He can play another year for $12.3 million, but he thinks he’s due for a raise, and I don’t think he’s going to get the kind of raise he’s expecting. Boozer is one of the top 20 players in the league when healthy, but it’s that whole “when healthy” part that’s the problem. Over the past five seasons, he has missed a third of his team’s games. At 27, he’s in his prime, and assuming he has the right supporting cast, I think he can be one of a twosome or threesome on a championship-caliber team. Boozer may not get a raise this summer, but he could get long-term security. The Pistons, Raptors, Kings and Thunder all have the space to make a run at him, but Sacramento and OKC might consider themselves too far away from contending to add a big piece like Boozer. The Pistons seem like the best fit, but they are rumored to have more interest in Ben Gordon. There’s always the possibility that another team works out a sign-and-trade with Utah, but I don’t think anyone is going to give him a max deal, not in this economy.
Value: $12.0 – $13.0 million per year

2. Hedo Turkoglu, SF (30)
PER: 14.82
With the Magic’s trade for Vince Carter, and Turkoglu’s rumored demands for a five-year deal worth $50 million, the general consensus is that Hedo won’t be back in Orlando. I think the Magic would consider a three-year deal at around $8 million per season, but that would put the franchise in luxury tax territory for the foreseeable future. (It would also make them a contender, so it may be worth it.) The Blazers, Raptors and Kings are reportedly interested, but Toronto seems intent on re-signing Shawn Marion, so they may elect to go another direction. Still, at 30, he’s not going to be as effective in the last two years of the contract as he is in the first three, so a five-year deal may be asking too much.
Value: $8.0 – $9.0 million per year

3. Ben Gordon, SG (26)
PER: 17.02
The Bulls reportedly want to re-sign Gordon, but the Pistons seem interested and have a rumored promise of $11 million per season. That seems steep for Gordon, who is undersized for an off guard, doesn’t always have the best shot selection and has a reputation for being a less than stellar defender. He is an outstanding shooter and scorer, and can carry a team at times with his offensive ability. Gordon may sign for over $10 million per season, but I have a gut feeling that he’s going to regret the decision to turn down two different extensions from the Bulls over the last two years.
Value: $8.0 – $9.0 million per year

4. Ron Artest, F (29)
PER: 15.64
Artest played for $7.4 million last season, and I think his best bet for a contract that’s more than the MLE is with the Rockets. Don’t expect them to break the bank, as Daryl Morey knows that the Rockets probably won’t have much competition for Artest’s services. He brings a lot to the table, both good and bad. He’s not a great fit with any of the teams with significant cap space, so the Rockets might be able to lock him up to a three-year deal for a bit more than the MLE.
Value: $7.0 – $8.0 million per year

5. Trevor Ariza, SF (24)
PER: 15.51
Ariza really came on this season and was a big factor in the Lakers’ championship run. He averaged 11.3 points, 4.3 rebounds, 1.6 steals, and shot an astounding 48% in the postseason. That, plus his stellar defense, is exactly what the Lakers need out of the small forward position, and all indications are that they’ll be able to re-sign him. I’d expect a MLE-type deal, because he’s unlikely to leave L.A. even if another team offers him a little more money. The Blazers and Kings could both make a run at him, but they would probably need to offer him $7 million or more per season to pry him away from L.A.
Value: $5.5 – $6.5 million per year

6. Jason Kidd, PG (36)
PER: 16.95
Barring a sign-and-trade, Portland and Atlanta are the only teams in the market for Kidd’s services that could offer him more than a mid-level deal. The general consensus is that he’ll re-sign with the Mavs, though at 36, I doubt Dallas gives him more than a two-year deal. I think Mark Cuban will do what it takes to keep Kidd in town, or else he’d have to deal with the ramifications that the Kidd-for-Devin Harris deal was a disaster. (He’s still in denial.)
Value: $7.5 – $8.5 million per year

7. Lamar Odom, F (29)
PER: 16.60
Odom has said in the past that he can’t imagine not living near the beach, so I don’t think that the Lakers have to come very strong to retain his services for another two or three years. Most of the teams with cap space could use him, but I think he’ll stay put. When he plays to his potential, his value is well over $10 million per season, but given his age and tendency to disappear for long stretches, I think the Lakers will get a hometown discount. I don’t see another team offering him enough to leave L.A.
Value: $7.0 – $8.0 million per year

8. Shawn Marion, F (31)
PER: 16.02
The Raptors have said that they intend to re-sign the Matrix, and he played well for them when they went 9-4 down the stretch. His reputation of being a bit of a malcontent will work against him in this market, though he’s bound to sign for more than the mid-level. He still has two or three good seasons before his skills start to decline.
Value: $7.0 – $8.0 million per year

9. Mehmet Okur, FC (30)
PER: 17.59
Okur has the option to play another year (for $9 million), but at press time, the feeling was that he was almost certain to opt out. He had a great year, averaging 17.0 points, 7.7 rebounds and shooting almost 45% from long range, and there are a number of teams — the Thunder, Pistons, Raptors and Kings — that could use him. He isn’t a good help defender, but he’s physical on the block and is a pretty good defensive rebounder. I think he’ll stick with the Jazz, but he’ll test the waters first.
Value: $8.0 – $9.0 million per year

10. Andre Miller, PG (33)
PER: 18.71
Statistically speaking, Miller’s last two seasons were two of his best, and he proved that he’s not over the hill. He’d be a good fit with the Blazers, but so far there has been no confirmation of interest. The Hawks are another team that could use his leadership, and it looks like Mike Bibby may be on his way out of town. Besides those two teams, Miller’s best bet is to re-sign with the Sixers (who just drafted the raw Jrue Holiday) or take a mid-level deal with a contender in need of point guard help.
Value: $6.0 – $7.0 million per year

11. Rasheed Wallace, FC (34)
PER: 14.91
Wallace says he wants more than the mid-level, but I’m not sure that’s what the market is going to bear. He’ll likely sign with a contender, and other than the Blazers (and maybe the Hawks) all of the contenders are over the cap. That leaves two options: 1) a mid-level deal or 2) a sign-and-trade. At 34, it’s going to be interesting to see how long of a deal he gets, as his game looked to be on the decline last season.
Value: $5.5 – $6.5 million per year

12. Allen Iverson, G (34)
PER: 15.89
AI is in a tough spot. He’s a former MVP that is at his best when his team is built around him — only his skills aren’t quite good enough to justify that. His move to Detroit was a disaster, so he hasn’t been able to prove that he’s willing to accept a lesser role to benefit his team. This makes him a very risky addition for a contender. I don’t see any of the teams with cap space rolling the dice, but will Iverson sign a mid-level deal? That might be his only option at this point.
Value: $5.5 – $6.5 million per year

13. Mike Bibby, PG (31)
PER: 16.38
Bibby was better in his first full season with the Hawks, but Atlanta just traded for Jamal Crawford and drafted Jeff Teague, so Bibby’s stint in Atlanta is likely over. Portland could use his services, but there hasn’t been any indication out of the Pacific Northwest that that’s the case. He’s not much of a creator, so he’d be the best fit for a team that would ask him to knock down open shots (i.e. the Rockets, Heat, Lakers, Mavs). I think he’ll eventually sign for a playoff team at the MLE.
Value: $5.5 – $6.5 million per year

14. Brandon Bass, PF (24)
PER: 16.49
Bass has performed well in limited minutes behind Dirk Nowitzki, but it might be time for a change of scenery. While his PER has been 16+ the last two seasons, he’s still pretty much flying under the radar. At just 24, he still has room to grow, and he’s already a solid offensive player. He’s probably a 14/7 guy as a starter, but he’s more likely going to join a contender at or near the mid-level and come off the bench.
Value: $4.5 – $5.5 million per year

15. Chris Andersen, FC (31)
PER: 18.16
“The Birdman” brought great energy off the Denver bench and even outplayed Nene at times. I criticized the Nuggets for giving Marcus Camby away, but clearly it was Andersen that made it possible. At 31, he’s no spring chicken, but he’s certainly in line for a raise. He’s a great shotblocker and rebounder, and is decent when he’s asked to catch the ball and finish. But he isn’t particularly good as a post defender and has limited outside touch. He strikes me as another near mid-level guy.
Value: $4.5 – $5.5 million per year

16. Anderson Varejao, FC (26)
PER: 14.62
Varejao is tough on the class and has the potential to be a hard-nosed defender, yet he spends a lot of time flopping to the floor looking for the call. His offensive game is non-existent (and isn’t improving), and as a liability on that end of the court, he’s not going to get the kind of contract he’s expecting. As Jeff Van Gundy has pointed out, it’s going to be tough for the Cavs to play Shaq and Varejao at the same time, which makes him sort of expendable in Cleveland. They may re-sign him so that Shaq can get a game off from time to time, but I don’t think they’re going to meet his asking price. I don’t know that any of the teams with cap space would be willing to pay more than the mid-level for 6’11″ defender/rebounder with no discernible offensive game. Someone will offer him a mid-level deal.
Value: $5.5 – $6.5 million per year

Other notables: Grant Hill, Kyle Korver, Zaza Pachulia, Dahntay Jones, Antonio McDyess, Drew Gooden, Anthony Parker, Flip Murray, Stephon Marbury, Wally Szczerbiak, Joe Smith, Anthony Carter, Von Wafer, Marquis Daniels, Rodney Carney, Shelden Williams, Chris Wilcox, Desmond Mason, Matt Barnes

That wraps up the significant unrestricted free agent. Check back on Monday, when I’ll break down this summer’s group of restricted free agents.

Related content:

The Top Restricted Free Agents of 2009
Which NBA teams will have cap space this summer?
The Top 10 NBA Free Agents of 2010

The NBA free agency period starts July 1st, and as that date approaches I’ll preview this year’s free agent class in more detail. But for now, I’d like to take a look at which teams have the cap flexibility to be major players in free agency this summer. (Mind you, just because a team has cap space, it doesn’t necessarily mean that they’ll use it. Just sayin’.)

Not familiar with the NBA salary cap? Here’s a quick primer…

1. The cap for the 2008-09 season was $58.7 million. The general consensus is that the cap will stay flat or decrease slightly. We’ll assume it sticks at $58.7 million.

2. If a team is over the cap, the only free agents they can sign are their own, unless they elect to sign a player to the mid-level exception (~$5.8 million per season), the bi-annual exception (~$2.0) or to a minimum contract. (The bi-annual exception may not be used in two consecutive years.)

3. If a team is under the cap, they can sign any free agent they want as long as they do not exceed the cap. They can also take on salary via trade up to the cap, so a team like the Grizzlies (with almost $20 million in cap space) could conceivably trade their first round pick to the Suns for Amare Stoudemire or to the Raptors for Chris Bosh.

Here’s a list of the bigger names in the free agent pool this summer:

Unrestricted: Carlos Boozer, Ben Gordon, Ron Artest, Lamar Odom, Andre Miller, Shawn Marion, Jason Kidd, Hedo Turkoglu, Allen Iverson, Mehmet Okur, Rasheed Wallace, Mike Bibby, Anderson Varejao, Grant Hill, Kyle Korver, Trevor Ariza, Brandon Bass, Chris Andersen, Zaza Pachulia, Chris Wilcox and Drew Gooden

Restricted: David Lee, Paul Millsap, Ray Felton, Josh Childress*, Marvin Williams, Glen Davis, Ramon Sessions, Charlie Villanueva, Nate Robinson, Leon Powe, Hakim Warrick, Linas Kleiza, Jarrett Jack and Shannon Brown

* It appears that if Childress does return to the NBA, the Hawks still hold his rights, so he would be a restricted free agent.

There are eight teams that project to have more than $5.8 million (the value of the mid-level exception) in cap space this summer:

Memphis Grizzlies
Projected Cap Space: $19.7 million
Memphis has been reluctant to spend for several years now and is probably one of the franchises that’s struggling the most in the current economy. I lived in Memphis for three years, and given its small size and overall lack of wealth, I always thought that it would struggle to support a professional sports team. With a core of Rudy Gay, O.J. Mayo and Marc Gasol, the Grizzlies have to feel pretty good about what they have at off guard, small forward and center. The big decision this summer is what to do with restricted free agent Hakim Warrick. When dealing with bad teams, numbers can be deceptive, because no matter what, somebody has to score and rebound, right? Warrick’s PER (16.91) is #24 amongst power forwards, so ideally he’d be coming off the bench for a playoff team. The Grizzlies projected cap space assumes they make the qualifying offer to Warrick ($3.0 million). Memphis is one of those teams that could really use the services of a Carlos Boozer, David Lee or Paul Millsap, but in this economy, are the Grizzlies willing to make that kind of a commitment? They could try to make a run at Chris Bosh or Amare Stoudemire next summer, but the odds are long that either guy would want to play for the Grizzlies.

Detroit Pistons
Projected Cap Space: $19.6 million
Unless they’re thinking about keeping Rasheed Wallace around, the Pistons don’t really have any big decisions this summer when it comes to personnel already on the roster. The Chauncey Billups-for-Allen Iverson swap was designed to free up cap space and in those terms, it worked beautifully. Sure, the Pistons gave up any chance of a deep run in the playoffs by trading Billups away, but the writing was on the wall – i.e. the Pistons weren’t going to the Finals – so Dumars chose to start the rebuilding process earlier rather than later. Neither Iverson nor ‘Sheed are likely to be back, but Wallace has a better chance of returning, however slight. The Pistons appear to be building around Tayshaun Prince and Rodney Stuckey (and Rip Hamilton?), but those are complementary players, not franchise-types. Joe Dumars built a winner without a true franchise player before, and he can do it again. The Pistons need size. Keep an eye on the Jazz. If Boozer opts out, he could land in Detroit, but if he doesn’t, the Pistons could go after Paul Millsap since the Jazz would have a tough time matching a substantial offer.

Atlanta Hawks
Projected Cap Space: $17.8 million
Mike Bibby, Zaza Pachulia and Flip Murray are unrestricted free agents and Marvin Williams is a restricted free agent, so the Hawks could have a very different roster heading into next season. Both the Hawks and Bibby are saying the right things, but can the two come to terms on a fair deal? There’s no way that Bibby is worth what he made last season ($15.0 million), but how much is he willing to come down to return to Atlanta? Looking at this list, would there be another team wiling to offer him more than the mid-level? Memphis? Detroit? Toronto? Minnesota? Nope. Oklahoma City? Sacramento? Probably not. Portland? Maybe. The point is that in this economy, by playing hardball the Hawks should be able to re-sign him for a two-year deal averaging around $7 million per season. I’m not sure that he’s even worth that at this point in his career (remember – he’s 31), but if the Hawks want him back, they need to be careful not to overpay. Likewise, is Marvin Williams worth the $7.4 million it’s going to cost to keep him around for another season? He’s just 22 and already has the 13th-best PER amongst small forwards. Then there’s Josh Childress, who can return from Greece as a restricted free agent. With all these decisions and all this potential cap space, the Hawks promise to be one of the most interesting franchises to watch this summer.

Oklahoma City Thunder
Projected Cap Space: $17.1 million
With a young, improving core of Kevin Durant and Russell Westbrook, as well as a likely top 5 draft pick, the Thunder seem primed for a good season. Westbrook is more of an off guard than a pure point, so they could use a lead guard, as well as some help on the front line. They could go after Boozer, Millsap or David Lee, and are one of the teams that could easily snatch Ramon Sessions away from my beloved Bucks. The question is whether they’ll go after inexpensive young guys that can grow with Durant and Westbrook (Lee, Millsap, Sessions) or go after an established star (Boozer, Kidd, Bibby, etc.) with the thinking that they’ll become instant contenders. With their cap space, the Thunder could afford to add two or three starter- or star-level players, or they could elect to bide their time and try to add a superstar next summer.

Sacramento Kings
Projected Cap Space: $13.7 million
The Kings have good cap flexibility, but have serious lack of talent. They have one star – Kevin Martin – who is locked up for the next four years at a pretty reasonable price. Jason Thompson and Spencer Hawes have some upside, while Andres Nocioni and Francisco Garcia are decent role players. The Kings made the mistake in giving Beno Udrih a long-term deal, so now they have to pay him an average of almost $7 millon over the next four years. Ugh. All right, so how do they turn this thing around? First, they have to hit in the draft. Ideally, that means Blake Griffin, whom they can pencil in at power forward for the next five years. Then they would need to find a good young point guard (Sessions?) that can grow with the Kings’ young lineup. Throw in a value at small forward (Josh Childress, Marvin Williams, Trevor Ariza, etc.) and the Kings would be much better next season. Not “playoff” better, but they’d probably win 10-15 more games. Baby steps.

Toronto Raptors
Projected Cap Space: $11.6 million
What are the chances of Chris Bosh re-signing if the Raptors have another miserable year? By trading Jermaine O’Neal to Miami for Shawn Marion (and his expiring contract), the Raptors have some financial flexibility this summer. If Toronto were to sign a premier big man like Carlos Boozer, David Lee or Paul Millsap, they would improve their chances of winning this season (and keeping Bosh around) while also giving themselves some insurance if Bosh bolts. Toronto already has two of the most important pieces to winning in the NBA: (1) a good point guard in Jose Calderon and (2) a good big man in Bosh. But over the last couple of years they have struggled to find the right complementary pieces. O’Neal didn’t work out, but the Raptors were 10-6 over their last 16 games with Marion, so one option would be to bring the Matrix back at a discounted price. Another free agent to keep an eye on is Ben Gordon. With his ability to put the ball in the hoop, he would thrive in an up-tempo attack and could really take the pressure off of Bosh and Calderon. Besides, the Raptors need a shooting guard now that the 33-year-old Anthony Parker looks to be over the hill.

Portland Trail Blazers
Projected Cap Space: $9.8 million
The Blazers are unique on this list in that they are a playoff team that has some cap space, but they won’t have to use it to keep their core players in town. Portland could add a legitimate star-level player to a roster already loaded with talent. They are set on the wing with Brandon Roy, Rudy Fernandez and Travis Outlaw, and are pretty strong up front with LaMarcus Aldridge, Greg Oden and Joel Przybilla, so the major need seems to be at the point where Steve Blake is more of a placeholder than the point guard of the future. Jerryd Bayless is also a possibility, but his playing time dried up as the Blazers got closer to the playoffs. There are a number of good point guards available – Jason Kidd, Andre Miller, Mike Bibby – or the Blazers could go younger and try to pry Ramon Sessions or Ray Felton away from the Bucks and Bobcats, respectively. Portland has some good mojo working, and the guys least likely to upset the apple cart are experienced, pass-first points like Kidd or Miller. The Blazers could offer them more than the mid-level, which gives Portland the inside track on either player (if they want it).

Minnesota Timberwolves
Projected Cap Space: $7.8 million
The T-Wolves actually look like they’re turning things around. They have an up-and-coming big man (Al Jefferson) and they hit in the draft, finding an efficient, heady power forward (Kevin Love). If I’m running this team – and I’m more qualified than Bill Simmons, who is campaigning for the position – I’d move Randy Foye to off guard and tell him to shoot 200-250 three-pointers per day this summer. Then I’d use my cap space to steal Ramon Sessions away from the Bucks. Mike Miller could play small forward for another season, so I’d use my draft pick on the best player available, preferably a shooting guard who could join Sessions and Foye in a three-guard rotation. Josh Childress and/or Marvin Williams would be a great fit, and might be had for the mid-level (or use the cap space on Childress/Williams and sign Sessions to the mid-level). I’d end up with a core of Sessions, Foye, Childress/Williams, Love and Jefferson – all under the age of 26. Like a fine wine, I’d wait a couple of years for this group to age, and add a piece here or there to complement this core. We’d be in the playoffs by 2011, I’m telling you…