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Player News
Chris Bosh opts to return to Miami for five years
by Chris Towers | CBSSports.com
(6:00 pm ET) Though they lost the biggest member of the Big 3, the Heat won't come away from free agency empty-handed.

Yahoo.com reports Friday the Heat have agreed to terms on a five-year deal with center Chris Bosh, who had reportedly been considered a max offer from the Rockets. Bosh will reportedly be paid $118 million over the life of the deal, after joining Dwyane Wade and LeBron James in opting out of their respective deals earlier in free-agency.

Bosh averaged just 16.2 points and 6.6 rebounds per game in his least productive season since he was a rookie, but will likely see a bigger role moving forward following James' decision to sign in Cleveland.


Nick Young gets four years from the Lakers
by Chris Towers | CBSSports.com
(5:43 pm ET) The Lakers have agreed to a deal to keep guard Nick Young around, according to ESPN.com Friday.

Young put together a career-best season while working on a minimum-salary deal with the Lakers, and he will be rewarded handsomely for it. CBSSports.com NBA Insider Ken Berger reports the deal will pay Young $21.5 million over four years, with the fourth year a player option.

Young averaged 17.9 points, 2.6 rebounds and 1.5 assists per game in 64 appearances for the Lakers last season. 


John Salmons waived for cap savings
by Chris Towers | CBSSports.com
(5:30 pm ET) The Hawks officially waived forward John Salmons Friday, after acquiring him in a cap-clearing move at the draft.

Salmons was due a $7 million salary for 2014-15 season, but the Hawks were able to waive him while paying just $1 million of that. He averaged just 5.2 points, 2.1 rebounds and 1.9 assists in 78 games for the Raptors and Kings last season.  


Report: Rockets shipping Jeremy Lin to Lakers
by Joe Polito | CBSSports.com
(2:58 pm ET) In an effort to clear cap space, the Rockets are working to finalize a deal that would send guard Jeremy Lin to Los Angeles. The Lakers would also receive a future first-round pick and other draft considerations but won't take on any salary in return, Yahoo Sports reports.

Lin averaged 12.5 points and 4.5 assists per game in what was mostly a sixth man role for Houston. He'll likely get to start in Los Angeles. Meanwhile, the Rockets cleared space in the hopes of adding free agent Chris Bosh on a max deal. 


LeBron James announces return to Cleveland
by Chris Towers | CBSSports.com
(12:46 pm ET) Free agent forward LeBron James is returning to the Cleveland Cavaliers, the star announced via Sports Illustrated Friday.

James, who spurned Cleveland for Miami four years ago, opted out of his deal with the Heat following a loss to the Spurs in the NBA Finals. Details of the contract are not known as of now, as James announced his decision in a personal letter on SportsIllustrated.com.

James ended up finishing second in the MVP voting last season after winning the previous two. He joins Cleveland after shooting a career-high 56.7 percent from the field, while averaging 27.1 points, 6.9 rebounds and 6.3 assists per game in 77 appearances for the Heat in 2013-14. 


Report: Suns, P.J. Tucker agree to three-year deal
by Igor Mello | CBSSports.com
(7/10/2014) The Arizona Republic reports that the Suns have reached a three-year, $16.5 million agreement to re-sign forward P.J. Tucker with Phoenix. Tucker, 29, posted averages of 9.4 points and 6.5 rebounds while shooting 38.7 percent from downtown in 81 games last season. 

Steve Blake signs with the Trailblazers
by Joe Polito | CBSSports.com
(7/10/2014) Veteran point guard Steve Blake inked a two-year deal with the Portland Trailblazers on Thursday, according to Yahoo Sports.

The deal is worth 4.2 million over two years and includes a second-year player option. Blake thrived in Mike D'Antoni's Lakers offense early on last year before being traded to Golden State to play a lesser role. He averaged 6.9 points and 5.6 assists per game overall on the season. 


Report: Mavericks reach agreement with RFA Chandler Parsons
by Joe Polito | CBSSports.com
(7/10/2014) The Rockets appear to be on the clock in free agency, as CSN Houston reported late Wednesday that the Mavericks and restricted free agent Chandler Parsons came to an agreement. The offer sheet is good for three years and $45 million according to the report.

Houston now has 72 hours to match the deal or watch Parsons walk away. This could be tricky considering the Rockets are still waiting on bigger fish to decide. They've reportedly offered Chris Bosh a max deal and have also been linked to other free agent forwards such as Luol Deng and Trevor Ariza. 

The gap between Parson's level of play and his meager salary has been perhaps the widest of any player in the league. He averaged 16.0 points, 5.4 rebounds and 3.8 assists per game for Houston over the last two years while making less than $1 million annually. 


Raptors re-sign Greivis Vasquez
by Joe Polito | CBSSports.com
(7/10/2014) Restricted free-agent Greivis Vasquez came off the market late Wednesday when the Raptors chose to re-sign him to a two-year, $13 million deal, according to Yahoo Sports.

Vasquez had maintained that he'd like to return to Toronto, where he was traded last season by the Kings. He averaged 9.5 points and 3.7 assists backing up Kyle Lowry last year.


Report: Carmelo Anthony returning to New York
by Joe Polito | CBSSports.com
(7/9/2014) Despite taking several meetings with other teams this offseason, Carmelo Anthony is expected to announce that he'll return to the Knicks. The New York Daily News reported Wednesday that Anthony told a close friend he "believes in Phil" and plans to announce his intent Thursday.

Anthony was said to be deciding between the Lakers and Knicks over the past few days, but it ultimately appears he'll opt to make more money by staying put while seeing what the new regime under Phil Jackson can do for him in the coming years. 


 
 
 
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