Luol Deng: Reportedly Lays Down Ultimatum
Update: Unless the Bulls can reach an agreement for a contract extension with Deng before August 4, he will end talks and tell the team that he will leave the organization when he becomes a free agent next summer, Yahoo! Sports reports.
Analysis: Deng is determined to reach an agreement, but if the two sides don't reach a deal before Deng's imposed deadline, he will likely sign a one-year qualifying offer and prepare for his final season in Chicago. We'll see how this plays out as the deadline approaches, since a deal is reportedly nowhere close to being completed.
Matt Barnes: Phoenix Bound
Update: The Suns signed Barnes on Monday, the East Valley Tribune reports.
Analysis: The Warriors showed little interest in re-signing Barnes, who averaged 6.7 points, 4.4 rebounds and 1.9 assists in 19:23 per game. He signed a one-year contract for the veterans minimum of $1.2 million. Barnes is a high-energy guy, who should step right into the Suns' rotation on the perimeter.
Tony Allen: Will Re-Sign With Celtics
Update: Allen will sign a two-year, $2 million-per-year contract with the Celtics, according to the Boston Herald.
Analysis: Allen may see additional playing time this year with the departure of swingman James Posey.
Keyon Dooling: Sources: Deal to Nets Done
Update: According to sources, the Nets acquired Dooling from the Magic in a sign-and-trade deal, ESPN.com reports.
Analysis: The Nets will send cash considerations and a $3.3 million trade exception that was acquired from Dallas in the Jason Kidd. Dooling will receive a three-year deal, worth approximately $3 million per year. The deal is pending league approval.
Josh Childress: Offer From Greek Team
Update: Childress is considering a three-year, $20 million offer from Olympiakos of Euroleague, Yahoo! Sports reports.
Analysis: Childress flew to Greece on Sunday and is scheduled to meet with Olympiakos officials on Monday. A source familiar with Childress' thinking believes there's "better than a 50-50 chance" he'll sign with Olympiakos. Childress is a restricted free agent, but the Hawks would have no matching rights with a FIBA contract. The offer would allow Childress to return to the NBA over the next two summers.

Feed Date : 07/20/2008   News Date: 07/21/2008   07/22/2008
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