Having missed out on Damon Stoudamire, the Houston Chronicle reports that the Rockets have been forced to alter their search for a veteran guard for their backcourt.
With Stoudamire having made $12.5 million with the Trail Blazers last season and the Rockets able to offer their salary-cap exemption of only $1.8 million, the teams reportedly were discussing a sign-and-trade deal.
Rockets forwards Clarence Weatherspoon, owed $6.53 million over the final year of his contract, and Juwan Howard, due $26 million over four years, reportedly were dangled as trade bait, but the two clubs failed to reach an agreement, paving the way for Stoudamire to sign with Memphis.
Miami and Cleveland also reportedly were interested. With Stoudamire off the market, the Rockets will alter their search.
Latrell Sprewell, Michael Finley and Gary Payton have been discussed as options.
Via Houston Chronicle
Houston Rockets, Memphis Grizzlies, Portland Trail Blazers
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The Houston Rockets will have to alter their search for a veteran guard once their top target, Damon Stoudamire, agreed to a 4 year, $17 million deal with the Memphis Grizzlies.
The deal can't be completed and officially announced until the league lifts its "July Moratorium," which prohibits trades and free agent signings from happening until the salary cap is set.
Stoudamire, 31, appears to be a good fit for the Grizzlies, who are bracing for the loss of Earl Watson. Memphis reportedly is pursuing a sign-and-trade deal for Watson, who spent three seasons backing up point guard Jason Williams.
Stoudamire averaged 15.8 points and 5.7 assists with Portland last season.
Via Houston Chronicle
Memphis Grizzlies, Portland Trail Blazers, Houston Rockets
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The Washington Post is reporting that free agent guard Juan Dixon and the Portland Trail Blazers have agreed to a three-year contract worth around $8 million, according to Dixon's agent, Calvin Andrews. Contracts can't be officially signed until the NBA's new collective bargaining agreement is ratified, which should be early next week.
Dixon, a Baltimore native, was selected with the 17th overall pick of the 2002 NBA draft by the Wizards after starring at the University of Maryland, where he led the Terrapins to the 2002 NCAA championship. Dixon finished his college career as Maryland's all-time leading scorer.
In three seasons with the Wizards Dixon played in 176 games, had 23 starts and averaged 8.2 points and 1.6 assists.
"Juan will always love Washington and the entire Washington area because he has so many great memories there," Andrews said. "But he's excited about going to Portland, where he'll have the opportunity to expand his game and be a part of a young and improving team."
Dixon's departure from Washington was all but ensured when the Wizards acquired point guard Chucky Atkins , shooting guard Caron Butler and shooting guard Antonio Daniels this offseason. Restricted free agent guard Steve Blake , another former Maryland star, also has had conversations with other teams but the Wizards have the option of matching any offer Blake receives.
Last year, the Wizards declined to pick up an option on Dixon worth $1.76 million and left him unprotected in the expansion draft, but Charlotte declined to take him.
Via Washington Post
Portland Trail Blazers, Washington Wizards
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Trail Blazers Jul 2005 Archive
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Houston Chronicle | Jul 27, 2005
The Houston have landed already landed a big free agent in Stromile Swift and now hope to add a smaller one in Damon Stoudimire.
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Sports Illustrated | Jul 27, 2005
The Portland Trail Blazers signed 2004 first-round draft pick Sergei Monia of Russia to a multiyear contract on Tuesday
The 6-foot-6, 220-pound forward from Saratov, Russia, played last season for CSKA, which won the Russian National Championship and went to the European Final Four.
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Chicago Tribune | Jul 27, 2005
The Orlando Magic reportedly wanted to extend an offer to Chris Duhon, but instead turned to Miami reserve guard Keyon Dooling, an unrestricted free agent.
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ESPN | Jul 21, 2005
A team source said the Nets and Blazers agreed in principle to a sign-and-trade that will get them Shareef Abdur-Rahim on a six-year contract worth roughly $38 million.
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NY Daily News | Jul 20, 2005
The Nets are trying complete a sign-and-trade with Portland for Shareef Abdur-Rahim so they can spend their mid-level exception on Miami point guard Keyon Dooling - who will visit the Nets this week - and perhaps a shooter such as Jon Barry or a forward like Malik Allen.
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Christopher Reina/RealGM.com | Jul 19, 2005
RealGM's Christopher Reina is reporting that the Blazers are out of the Antoino Daniels race. Portland GM John Nash indicated to Reina that the Sonics' free agent wants a five year deal and that the club is unwilling to give him a long term contract. The Lakers and Wizards are now the favorties.
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Washington Post | Jul 19, 2005
A source close to free agent guard Juan Dixon said that Dixon is planning to meet with the Portland Trail Blazers this week.
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ESPN | Jul 18, 2005
If the Nets are unable to get the Blazers to agree to a sign-and-trade, Abdur-Rahim has agreed to sign with the Nets for their mid-level exception at five years for about $28 million, according to the team source.
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New York Daily News | Jul 18, 2005
With less than two weeks left to use his nearly $5 million trade exception before it expires on July 29, Nets president Rod Thorn would like to strike a sign-and-trade with Portland for Shareef Abdur-Rahim this week or else move on to Stromile Swift.
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Akron Plain-Dealer | Jul 16, 2005
The Cavs' search for a starting point guard now includes free agent Damon Stoudamire.
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CNNSI | Jul 14, 2005
Free agent guard Antonio Daniels says he played his best basketball under coach Nate McMillan in Seattle and he wants to follow McMillan to the Trail Blazers.
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Newark Star-Ledger | Jul 13, 2005
The Nets want Shareef Abdur-Rahim, but the one thing they are not prepared to pay is the price of a first-round draft pick, Rod Thorn reiterated on Tuesday. They did speak to Stromile Swift, who will come cheaper.
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L.A. Times | Jul 13, 2005
Amid speculation that they are close to reaching an agreement with Cuttino Mobley on terms of a five-year contract, the Clippers also are believed to have made an offer to free-agent forward Shareef Abdur-Rahim.
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New York Daily News | Jul 12, 2005
The New Jersey Nets are not waiting on Shareef Abdur-Rahim to make a decision on where he will play next season and plan to meet with Memphis Grizzlies forward Stromile Swift.
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North Jersey | Jul 12, 2005
The Nets may need to do better than the midlevel exception to get Shareef Abdur-Rahim.
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New York Post | Jul 9, 2005
The Nets wanted to impress Shareef Abdur-Rahim on his two-day tour of New Jersey.
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Seattle Supersonics PR | Jul 7, 2005
Nate McMillan has taken the job as head coach of the Portland Trailblazers after 19 years with the Sonics as a player and coach.
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ESPN | Jul 7, 2005
The Portland Trailblazers ended their search for a coach Wednesday, agreeing to a five-year contract with Seattle Supersonics Head Coach Mate McMillian.
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King5.com | Jul 6, 2005
After 19 season in Seattle, Nate McMillan will be heading south to Portland to lead the Trail Blazers.
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Arizona Republic | Jul 5, 2005
Watching assistant coach Marc Iavaroni joyfully oversee the first day of workouts for the Suns' summer league team, David Vest of the Arizona Republic writes, one would never guess he's waiting to hear whether he has a job with another team.
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Milwaukee Journal-Sentinel | Jul 5, 2005
Larry Brown's decision is set to have a domino effect on coaching positions around the NBA, including Flip Saunders potentially landing in Milwaukee with Andrew Bogut.
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ESPN | Jul 4, 2005
The Portland Trail Blazers interviewed Terry Porter for their vacant coaching job Sunday, ESPN.com's Marc Stein has learned.
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New York Daily News | Jul 3, 2005
According to the New York Daily News, Seattle coach Nate McMillan could be moving closer to finalizing a deal with the Portland Trail Blazers.
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USA Today | Jul 2, 2005
Portland Trail Blazers first-round draft pick Martell Webster, the sixth overall selection in the 2005 draft, has been signed to a multi-year contract, the team said Saturday.
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Tacoma News Tribune | Jul 2, 2005
Seattle SuperSonics CEO Wally Walker confirmed Friday that the team has given coach Nate McMillan a deadline of the middle of next week to make a decision about where he wants to coach next season.
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NorthJersey.com | Jul 1, 2005
While the Nets flew to Las Vegas for summer league, coach Lawrence Frank reportedly flew to Atlanta for the start of the free agent negotiation period to visit with former All-Star power forward Shareef Abdur-Rahim, multiple sources said.
