Sam Amick of the Sacramento Bee reports that the Kings are considering a trade involving Hornets big man Emeka Okafor.

A source with knowledge of the situation says the Kings are discussing a trade with New Orleans that would send Kenny Thomas to the Hornets and bring center Emeka Okafor to Sacramento.

The deal would be ideal for the Hornets, as Thomas’ expiring contract worth $8.7 million is just the kind of contract that would trim their enormous payroll. The question, of course, is whether the Kings see Okafor as a big man solution worth the five years and approximately $64 million left on his deal.

I don’t get the Hornets plan of attack for the last year or so. They have the best point guard in the NBA, yet instead of making a clear commitment to spend to build around him, they’re slashing salary again. The confusing thing is that they tried to slash salary last year when they negotiated a trade that sent Tyson Chandler to Oklahoma City, only the Thunder sent Chandler back after their doctors had a chance to look him over. Then they turned around this offseason and traded Chandler (who has a short, expensive contract) for Okafor (who has a long, expensive contract). So it looked like the Hornets were willing to make a long-term commitment to build a winner.

Now, after a 3-7 start that has Chris Paul sidelined for a few weeks with a sprained ankle, they’re ready to give Okafor away. What kind of signal does this send to Paul? He’s signed through 2011-12, but at what point does he become disgruntled? They’ve already traded away Chandler and fired Byron Scott, and now they’re looking to move a sure double-double guy in Okafor. He’s not worth his contract, but he’s still valuable, and if the Hornets want to get back to competitive, they could really use him manning the middle.

It’s not like jettisoning Okafor’s salary is going to give the Hornets any immediate salary cap space. They’re sitting at almost $72 M for next season and won’t have any flexibility until the summer of 2011. Paul is 24, so he has plenty of basketball left to play, but David West is 29, and by the time the Hornets have a chance to be competitive again, he might be 31 or 32 and on the decline.

This is a sad situation. The Hornets looked to be on the cusp of competing for a title a couple of seasons ago and now they’re starting a rebuilding process that looks like it’s going to take a while.

Yahoo! Sports reports that the Warriors are “more committed than ever” in moving their disgruntled swingman, but can they find a buyer?

First things first: the 31-year-old has three years and more than $27 million remaining on his contract after this season. This could be a tough pill to swallow for a team that’s already over the luxury tax threshold because it would effectively pay $16-$20 million per season (salary + tax) for his services, depending on what kind of contracts they give up in the trade.

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The Utah Jazz have locked up at least one of their big men.

The Utah Jazz and center Mehmet Okur have agreed in principle to a two-year contract extension worth just under $21 million, according to NBA front-office sources.

Okur could have been a free agent this summer but elected on June 30 to complete the final season on his current contract with the Jazz at $9 million.

Sources told ESPN.com that Okur and the Jazz have quickly reached terms to extend the contract by two more seasons at $20.8 million starting in 2010-11.

I pegged Okur’s value at about $8-$9 million per season, but like most of my estimates, I bought into the idea that teams were going to be more frugal this offseason. Okur is a 6′11″ face up center who averaged 17.0 points and 7.7 rebounds this season. He also has terrific range for a big man, nailing almost 45% of his three point attempts. He’s not a factor on help defense, but with his girth he’s pretty good one-on-one in the post.

Paul Millsap is a restricted free agent, but hasn’t yet signed an offer sheet with another team. Carlos Boozer elected to play one more year in Utah, but there is talk that he may be headed to Chicago as part of a three-team trade involving Kirk Hinrich and Tyrus Thomas. If Utah pulls the trigger, they’d be building around a core of Deron Williams, Ronnie Brewer, Thomas, Millsap and Okur. It doesn’t make much sense to keep both Boozer and Millsap around, as they are very similar players. It seems the Jazz feel that Millsap is the better value, but would like to get something in return for Boozer. Thomas wouldn’t represent equal value, but it’s tough to get equal value these days.

The short answer is “I don’t know.”

Not enough? I don’t blame you. I wrote the following during my running diary on draft day:

There’s a rumor that the Warriors might send Andris Biedrins, Marco Belinelli, Brandan Wright and the #7 pick to Phoenix for Amare Stoudemire. That seems like an awful lot to give up given the trades we’ve seen go down in recent days. But Stoudemire is a borderline franchise player, so a good center (Biedrins) and three prospects (Belinelli, Wright and the #7 pick) doesn’t seem crazy.

The Warriors drafted Stephen Curry when he fell to #7. At that point, it wasn’t clear whether or not he’d be headed to Phoenix as part of this trade. Paul Coro of AZCentral.com reported that he “likely” was headed to the Suns.

Golden State’s selection of Davidson point guard Stephen Curry at No. 7 was likely made for the Suns as part of an Amaré Stoudemire trade that can’t be completed until Wednesday. That is because Phoenix would be acquiring Warriors center Andris Biedrins, a base-year compensation player, as part of a Stoudemire deal that would include more Warriors players, possibly power forward Brandan Wright and/or shooting guard Marco Belinelli.

The Suns were hoping they could land Curry or Arizona power forward Jordan Hill with the Warriors’ seventh pick but had their choice after Minnesota took neither with its fifth and sixth picks.

The next day, Coro reported that the deal was all but done, but hinged on whether or not Curry was included…

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Two sources told the Commercial Appeal that the Clippers were thisclose to unloading Zach Randolph and his ridiculous contract.

The Grizzlies had agreed in principle to acquire power forward Zach Randolph on Thursday night but Los Angeles Clippers owner Donald Sterling later nixed the trade, according to two NBA sources.

During the NBA Draft, executives from both teams hammered out a package with Randolph and Darko Milicic as the key pieces. Griz guard Greg Buckner would also have been included in the transaction.

I have no idea why the Grizzlies would want to trade for Randolph, but if this report is true, it is mind boggling. He has two years and $33.3 million remaining on his deal, which is widely regarded as one of the worst contracts in the league. Had the Clippers made the trade, they would have saved at least $5 million this season and $13 million in 2010, giving the team around $17 million in cap space heading into the fabled free agency summer of 2010. The numbers might be a bit higher depending on how much of Buckner’s contract is guaranteed.

Why keep Randolph? Sure, he’s more talented offensive player than Darko Milicic, but the Clippers just drafted Blake Griffin, who is ready to play now. Why keep another power forward on the roster who has a reputation for being a malcontent? If I’m running the Clippers, I’d consider buying Randolph out just to keep him away from my star rookie. Griffin needs to develop in the right environment if the franchise hopes to turn their fortunes around anytime soon. This is paramount. Moreover, the team isn’t going to win with the lineup it has now, so the best idea is to get as much salary cap flexibility as soon as possible.

This is a serious head-scratcher.

Memphis GM Gerald Wallace took a lot of heat for trading Pau Gasol to the Lakers. But if we’ve learned anything in the past few days, it’s that Wallace was simply a man ahead of his time.

On Tuesday, we learned that the Bucks agreed to trade Richard Jefferson to the Spurs for Bruce Bowen, Kurt Thomas and Amir Johnson. (Fabricio Oberto was part of the original deal, but San Antonio sent him to Detroit for Johnson, who was then sent to Milwaukee.)

Regular readers know I’m a Bucks fan, and I spent the last couple of days grumbling on the Sports Bubbler message boards about how we didn’t get anything in return for Jefferson, who is still a pretty good player. When Wallace traded away Gasol, at least he got Javaris Crittenton (who was considered a prospect with upside at the time) and Pau’s brother, Marc, who turned out to be a productive center for the Grizzlies.

Then I wake up today to see that the Cavs and Suns have agreed to go through with that long-rumored trade that will send Shaq to Cleveland for salary cap relief. Who do the Suns get in return? A retiree (Ben Wallace), a bench player with a partially guaranteed contract (Sasha Pavlovic), some cash and a second round pick.

This is the going rate for a Third Team All-NBA center these days.

We knew that this summer had the potential to be a rough one for free agents, but it’s a little surprising to see that good players like O’Neal and Jefferson could be had for virtually nothing. Bucks owner Herb Kohl and Suns owner Robert Sarver realize that their clubs aren’t legitimate contenders, so they don’t see the point in paying the luxury tax just for the privilege of being knocked out in the first round of the playoffs. What kind of an effect these moves have on season ticket purchases remains to be seen.

The bottom line is that if a team is willing to spend, there has never been a better time to acquire talent. You’re not going to get someone like Caron Butler, who plays for a (pretend) contender and has a reasonable contract, but you can get Jefferson, who is overpaid and is on a mediocre team that is up against the luxury tax. And the older the player, the more likely he’s available. Teams aren’t going to give up good players that are in their early- or mid-twenties because the plan is to rebuild before they’re over the hill.

So who might be on the move for a bag of peanuts and some salary cap flexibility? How about Tracy McGrady, Baron Davis, Chris Kaman, Marcus Camby, Vince Carter, Tyson Chandler, Amare Stoudemire, Jermaine O’Neal, Michael Redd, Ray Allen or Rip Hamilton?

Truth be told, a team like the Suns isn’t going to give the youngish Stoudemire away for cap flexibility alone. But as the price of a star goes down, the price of superstar goes down as well.

It promises to be an interesting summer.

According to a report by ESPN.com, the Suns have agreed to trade Shaquille O’Neal to the Cavaliers for Ben Wallace, Sasha Pavlovic, $500,000 and the 46th overall pick.

The Cavaliers were also in talks with New Orleans about obtaining Tyson Chandler. If they had not made the trade for O’Neal, they would have traded for Chandler, according to a source.

The Cavs felt O’Neal was the better option because he has just one year left on his contract, and will not eat up cap space that will enable them to pursue free agents such as Chris Bosh in next summer’s star-studded free agent class. Chandler, who had injury problems last postseason, has a player option for $12.7 million in 2010-2011 that he is likely to pick up.

For the Suns, the O’Neal trade is a straight salary dump. Pavlovic’s $5 million dollar contract next season is only partially guaranteed for the amount of $1.5 million. Factor in the disparities in the contracts between Wallace, Pavlovic and Shaq and the team will save $4.5 million next season. However, when you factor in the savings they’ll reap on the luxury tax, it will be closer to $10 million in savings. That savings can be amplified if Wallace decides to retire and the Suns buy him out of his contract for less than the $14 million he’s owed next season.

The trade is a pretty strong admission by the Suns that the trade of Shawn Marion for Shaq in February of 2008 was a mistake. Marion was a free agent this summer and, had they let him walk, their savings would’ve been $21 million — not the $5.5 million they’re saving in this deal.

Our very own John Paulsen had this to say about the potential trade not two weeks ago…

What’s funny is that the Suns walked away from the negotiation table last season because they thought that a trio of Shaq, Steve Nash and Amare Stoudemire could contend under new coach Alvin Gentry. Stoudemire got hurt, so what’s changed? It appears that the Suns are unwilling to pay the luxury tax price of keeping Shaq on the roster, that’s what.

This trade has the potential to set up some serious drama next season. Imagine a (hopefully) healthy and motivated Shaq joining LeBron in Cleveland. Assuming the Lakers win the Finals, Kobe and Co. will be seeking a repeat. Imagine Shaq and Kobe squaring off for a title next season…

Whether or not this helps Cleveland depends solely on Shaq’s ability to play at a high level deep into the postseason. If they do acquire him, they will need to watch his minutes closely and give him some time off during the season. Winning 66 games isn’t as important as having a healthy Shaq ready for the playoffs.

I like this trade for Cleveland, but Shaq wants another extension and he knows he’s not going to get it in Phoenix. It’s not necessarily a good idea for the Cavs either, as any extension for O’Neal means that they won’t be able to sign a big-name free agent next summer. But if they can rent Shaq’s services for a season and see how it goes, then maybe he could play himself into an extension with an NBA championship.

What do you think Cavs fans?

Earlier today, the Boston Globe reported that the Suns and T-Wolves were working on a trade that would send Al Jefferson and the #6 pick to Phoenix for Amare Stoudemire.

Hours later, that rumor was shot down.

An NBA source said today that Minnesota forward-center Al Jefferson is not being traded to the Suns with the sixth overall pick for Suns All-Star forward Amare Stoudemire. An NBA executive told The Globe on Wednesday that the teams discussed the trade. But another source acknowledged the discussion, but also said the Suns were quickly turned down.

This is the sort of rumor that just doesn’t pass the smell test. Forget the #6 pick, why would the T-Wolves trade Jefferson, who is already a 23/11 guy at the age of 24 and is locked into a pretty reasonable deal for four more years at the tune of $13.5 million per, for Stoudemire, a 26-year-old 21/8 guy who can opt out of his contract after the season and has already had microfracture and eye surgery in his career? I wouldn’t even make that deal straight up, much less throw in the #6 pick.

Ridiculous.

According to Chad Ford, the answer is yes, he is.

The big trade rumor flying around (if you’re already tired of the Shaq-to-Cleveland talk) centers on the Hawks’ Josh Smith. Several league sources told ESPN.com that the Hawks have been working hard the past few weeks to see whether they can find a taker for Smith.

The Hawks have some financial issues coming into the summer. Two key players, Mike Bibby and Marvin Williams, are free agents. So are a few others on the roster — Josh Childress, Zaza Pachulia and Ronald Murray. Although the Hawks would like to keep those players, they can’t afford to pay all of them. That has opened the door to the possibility of trading Smith, who, although talented, has a reputation as a difficult player to coach.

The Hawks have had no problem finding teams interested in Smith. The issue is the whopping $6 million trade kicker attached to his contract. The trade kicker essentially would require the team that trades for Smith to pay him the $6 million immediately. In this economic climate, many owners will balk at the payment.

It seems shortsighted (or maybe blind is the better word) for the Hawks to trade away their second best player so they can re-sign their middle-of-the-road point guard and their middle-of-the-road small forward. I think Marvin Williams has some yet untapped upside, but Smith is a key cog to what the Hawks have built over the last few years, and he’s locked into a fairly reasonable contract given his production. He’s just 23, and he’s already a 16/8 type of a guy. He did a much better job this season of taking better shots (though he’s still not there yet), upping his FG% from 46% to 49%.

Maybe he’s a tough guy to coach, but he’s still one of the best young players in the NBA. If the Hawks can find someone that can get through to him, he has the skills to be a perennial All-Star for years to come.

6/23 Update: The C’s have reportedly offered Rajon Rondo and Ray Allen to the Detroit Pistons.

Yes, according to HoopsWorld.

Off the record, we have several sources telling us that Ray Allen is, indeed, on the block. It’s easy to make the leap, as the Celtics have managed to develop some nice young talent around their Big Three while also managing to win a championship. They might have even repeated had Kevin Garnett been healthy. It’s not a stretch to say the Celtics would part with Allen, who has an ending contract next season, if they could add another top young player to the mix.

On the record we have an added wrinkle – one that we thought to be highly unlikely until we found it reported with a quote attributed to Celtics GM Danny Ainge. It seems the Celtics are willing to package Rajon Rondo with Allen to make the right deal happen

“He’s stubborn,” Ainge told ESPN’s Jackie MacMullen. “He doesn’t always take direction well. He’s very bright and knows what he needs to do to be successful. But sometimes he doesn’t understand what the team needs to be successful.”

Doc Rivers expressed similar sentiments, which he directed at Rondo himself earlier this season.

“Do you know your teammates hate playing with you? … The point guard has to be the guy that brings energy to the team. You can’t be the guy that sucks it away. Your moodiness is affecting us. Change it.”

At the same time, Rondo has guys like Paul Pierce and Kendrick Perkins saying he’s their leader and they believe in him. And while there is a great deal to be said for patience and seeing if Rondo will improve as much next season as he did in 2008-09, there is certainly a lot of negativity coming from the decision-makers – enough to fuel trade speculation.

Wow. That’s the first I’ve heard about any problems with Rondo’s attitude.

It’s shocking to me that Danny Ainge is thinking about breaking up the core that won a championship less than a year ago. It’s not like they had the same group this season and failed to advance. They missed the Conference Finals (and probably the Finals) because Kevin Garnett missed the playoffs with a knee injury. You’d think that Ainge would be focused on getting everyone healthy enough to make another run, not thinking about trading away two of his starters.