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2018 Free Agency Diary

Sources: Carmelo Anthony to Sign with Rockets Upon Clearing Waivers

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Carmelo Anthony is planning to sign with the Houston Rockets upon clearing waivers in coming days, according to two people with knowledge of his plans.

The Hawks have pledged to release Anthony once the trade is complete, according to the people. That will allow him to earn $27.9 million salary next season — as stipulated by the original five-year contract he signed with the Knicks in the summer of 2014 — and then sign with Houston upon clearing waivers. He is expected to receive a one-year deal from the Rockets at the league’s veteran minimum salary of $2.4 million.

Source: Marc Stein of The New York Times

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2018 Free Agency Diary

Sources: Rodney Hood Accepts Cavaliers’ Qualifying Offer

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Rodney Hood ended his restricted free agency by accepting the Cavaliers’ $3.4 million qualifying offer and placing a bet on himself for a big season this year.

He informed the Cavs of his decision today, sources told cleveland.com.

Hood, 25, a gifted, 6-8 forward, will be an unrestricted free agent next summer. He left a multiyear deal from the Cavs worth about $7 million per season on the table by accepting their qualifying offer.

Sources said Hood was seeking a contract for more than $9 million per season from the Cavs. For comparison, the Celtics signed restricted free agent Marcus Smart to a four-year, $52 million deal this summer, and the Bulls matched the four-year $78 million offer sheet Zach LaVine signed with the Kings.

Source: Joe Vardon of Cleveland.com

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2018 Free Agency Diary

Sources: Spurs, Quincy Pondexter Agree to Deal

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Free agent wing Quincy Pondexter has reached an agreement on a one-year deal with the San Antonio Spurs, league sources tell ESPN.

Source: Chris Haynes on Twitter

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2018 Free Agency Diary

Sources: Ty Lawson, Tyrone Wallace Workout for Pelicans

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Ty Lawson and Tyrone Wallace worked out for the New Orleans Pelicans this week, according to sources.

Source: Alex Kennedy on Twitter

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