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2014 Free Agency Updates

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<blockquote class="twitter-tweet" lang="en"><p>Free agent big man Ekpe Udoh considering contenders, with decision expected this weekend. Was close to Clippers until they did Glen Davis.</p>&mdash; Sam Amick (@sam_amick) <a href="https://twitter.com/sam_amick/statuses/490025511465152513">July 18, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Garrett Temple agreed to re-sign with Wizards on 2-year min deal with a player option in the 2nd season, his agent John Hamilton told Yahoo.</p>&mdash; Marc J. Spears (@SpearsNBAYahoo) <a href="https://twitter.com/SpearsNBAYahoo/statuses/490221074152321025">July 18, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Kevin Seraphin has signed $3.8M qualifying offer with Wizards, league source tells Yahoo.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/490266698281656321">July 18, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Free agent Ray Allen is scheduled to be in China until July 27 &amp; still doesn't appear to be in a rush to decide playing future, sources said</p>&mdash; Marc J. Spears (@SpearsNBAYahoo) <a href="https://twitter.com/SpearsNBAYahoo/statuses/490283307309887488">July 18, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Jan <a href="https://twitter.com/hashtag/Vesely?src=hash">#Vesely</a> is expected to arrive in Istanbul tmrw to finalize deal with <a href="https://twitter.com/hashtag/Fenerbahce?src=hash">#Fenerbahce</a> -- three years, w/ the 3rd year being a player option.</p>&mdash; Lukas Kuba (@Luke_Mellow) <a href="https://twitter.com/Luke_Mellow/statuses/490577601384448000">July 19, 2014</a></blockquote>
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http://espn.go.com/nba/story/_/id/11240046/cleveland-cavaliers-sign-andrew-wiggins-week

The Cleveland Cavaliers are planning to sign No. 1 overall draft pick Andrew Wiggins to a contract in the coming week, according to sources close to the process.
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The Cavaliers, sources say, are merely exploring options for using their estimated $1.4 million in remaining cap space before signing Wiggins to a contract that will pay him in the neighborhood of $5.5 million as a rookie.
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Once Wiggins signs, ..., league rules stipulate that the Cavs must wait 30 days before trading him.
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One option under consideration for the Cavs, sources say, is using their leftover salary-cap space to create long-term contracts for recent second-round picks Joe Harris and Dwight Powell. Signing Wiggins first would preclude such moves.
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The Cavs also remain interested in free agent Ray Allen, who is being recruited to Cleveland by former teammates Miller and LeBron James. But Cleveland will only be able to offer him a $1.4 million veteran's minimum contract.
 
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<blockquote class="twitter-tweet" lang="en"><p>Utah's trading John Lucas, Malcolm Thomas and Erik Murphy to Cleveland for Carrick Felix, future 2nd and $1M, sources tell Yahoo.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/491716823331528705">July 22, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>In Murphy, Lucas and Thomas, Cavs get three non-guaranteed contracts to facilitate trades -- or a trade. Another step toward Kevin Love.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/491718242134929408">July 22, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Cavs signed Joe Harris to a 3-year deal - 3rd season non-guaranteed - $2.7 mil total</p>&mdash; Eric Pincus (@EricPincus) <a href="https://twitter.com/EricPincus/statuses/491738614112329728">July 23, 2014</a></blockquote>
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http://insider.espn.go.com/blog/nba/rumors/post?id=28470

The Cleveland Cavaliers will likely end up with Kevin Love at some point as the other contenders -- Chicago Bulls and Golden State Warriors -- having interest in the power forward can not or will not meet the demands from the Minnesota Timberwolves. Should the Cavs and Wolves come to terms, the deal won't be finalized for a while due to some trade rules via the collective bargaining agreement.

First, the Cavs need to sign Andrew Wiggins to help make the salary numbers match up. Currently his outgoing value is zero, but that will increase to $5.51 million as soon he signs his rookie-scale contract. Once that occurs the Cavs will have to wait 30 days before Wiggins is trade-eligible.

Second, the Cavs acquired three players from the Utah Jazz on Tuesday, according to Marc Stein and Brian Windhorst, and at least one of them can't be traded for two months since Cleveland went over the salary cap to complete the deal. Those players are guard John Lucas III and forwards Erik Murphy and Malcolm Thomas.

There is a lot of rumors that Minnesota wants to include guard Kevin Martin as part of a Love trade and the Cavs will need to send back all three of the players from the Jazz if they hang on to center Brendan Haywood.

As of Wednesday, the earliest Love could join the Cavs is Aug. 23 if Wiggins signs his contract today. The latest is Sept. 22 if Lucas III, Murphy and Thomas are part of the package for Love and Martin.
 
<blockquote class="twitter-tweet" lang="en"><p>Sources: Veteran free agent point guard Jameer Nelson has committed to signing with Mavs tomorrow. <a href="http://t.co/HUMpTWgvEO">http://t.co/HUMpTWgvEO</a>/s/QCqJ <a href="https://twitter.com/hashtag/nba?src=hash">#nba</a> <a href="https://twitter.com/hashtag/mavs?src=hash">#mavs</a></p>&mdash; Marc J. Spears (@SpearsNBAYahoo) <a href="https://twitter.com/SpearsNBAYahoo/statuses/492133989256142848">July 24, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>After losing Rashard Lewis, the <a href="https://twitter.com/hashtag/Mavs?src=hash">#Mavs</a> moved quick in getting F Al-Farouq Aminu for 2 years and $2.1 mill. The 2nd year is a player option.</p>&mdash; Dwain Price (@DwainPrice) <a href="https://twitter.com/DwainPrice/statuses/492123534521401344">July 24, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Free agent guard Shelvin Mack has reached agreement on a three-year, $7.3M deal to return to Atlanta, league sources tell Yahoo.</p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/492760998185803777">July 25, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>ESPN sources say that Omri Casspi, in a surprise, has just cleared waivers and is a free agent</p>&mdash; Marc Stein (@ESPNSteinLine) <a href="https://twitter.com/ESPNSteinLine/statuses/492778556141752320">July 25, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>ESPN sources say Omri Casspi is finalizing a one-year contract at league min. with Sacramento tonight after clearing waivers earlier Friday</p>&mdash; Marc Stein (@ESPNSteinLine) <a href="https://twitter.com/ESPNSteinLine/statuses/492821122464088064">July 25, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Yahoo Sources: Free agent Mo Williams reaches agreement on a one-year, $3.75M deal with Minnesota. <a href="http://t.co/eV8dFrGm6n">http://t.co/eV8dFrGm6n</a></p>&mdash; Adrian Wojnarowski (@WojYahooNBA) <a href="https://twitter.com/WojYahooNBA/statuses/493867621205692416">July 28, 2014</a></blockquote>
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<blockquote class="twitter-tweet" lang="en"><p>Former D-League Canton guard Will Cherry has agreed in principle to sign a two-year minimum deal with the Raptors, a source told Yahoo.</p>&mdash; Marc J. Spears (@SpearsNBAYahoo) <a href="https://twitter.com/SpearsNBAYahoo/statuses/494635921435029504">July 31, 2014</a></blockquote>
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