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2018 Free Agency Diary

Sources: Rockets, Carmelo Anthony Verbally Agree to Deal

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Carmelo Anthony has verbally reached an agreement to sign with the Houston Rockets, league sources told Yahoo Sports.

Anthony cleared free-agency waivers last week after a trade to the Atlanta Hawks on July 30 and his subsequent release, but had yet to commit to the Rockets. Anthony informed Houston of his decision to sign Tuesday after returning from Africa, league sources said. Anthony had unveiled a refurbished basketball court in South Africa last week.

After the loss of forwards Trevor Ariza and Luc Mbah a Moute, the Rockets prioritized Anthony, and the 10-time All-Star worked out repeatedly with Houston stars James Harden and Chris Paul this summer.

Source: Shams Charania of Yahoo Sports

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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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