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Knicks to Clear Out Cap Space for LeBron?

Basketball Insiders

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According to a friend of Anthony’s, Melo has held out faint hope Knicks president Phil Jackson can pull a miracle and clear out the necessary salary-cap space to get it done, but he is running out of time. Anthony’s decision could come in the next couple of days.

It would require Jackson to ship out Amar’e Stoudemire and Andrea Bargnani’s expiring contracts, and for Anthony and James to take less than the max. Iman Shumpert might have to be dealt, and the rights to Jeremy Tyler renounced.

One report said Jackson conceivably can move $40 million under the cap with a flurry of moves — as long as he doesn’t take back salary.

“He really wants LeBron to come to New York,’’ the source said. “That’s his dream right now. Phil is trying to get it done.’’

via Marc Berman of the New York Post

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Cavaliers Showing Serious Interest in Beverley

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The Cavaliers contacted Patrick Beverley tonight and are showing serious interest in the PG. Again, the Rockets can match any offer though.

via Alex Kennedy of Basketball Insiders

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Source: Pelicans Sign Guard Dionte Christmas

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Free agent guard Dionte Christmas has reached an agreement with the New Orleans Pelicans on a one-year contract, a league source told RealGM.

via Shams Charania of RealGM

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Leandro Barbosa Signs Deal with Warriors

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The Golden State Warriors have signed free agent guard Leandro Barbosa to a contract, the team announced today. Per team policy, terms of the deal were not released.

via NBA.com/Warriors

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