Shooting guard J.R. Smith has just one more year left on his contract with the Denver Nuggets and it’s looking like he’ll be spending it in another town

What are your opinions.

Rookie Xavier Henry , picked 12th overall in this summer’s NBA draft by the Memphis Grizzlies , remains unsigned while other teams  seek a trade for his rights , according to the Memphis Commercial Appeal.

That’s all for today guys, i’ll be back to blog you tomorrow.

It doesn’t look like Carmelo Anthony is considering the Denver Nuggets ‘ three-year, $65 million contract extension, if sources of ESPN are accurate. According to ESPN, league sources say it is now a matter of when, not if , Anthony and the Nuggets will go their separate ways. One source told the site, "He’s going to make it real clear that he’s not coming back." Don’t go burning any bridges, Carmelo.

That’s all the news for today.

With Tracy McGrady signing for the veteran’s minimum of $1.35 million, the Detroit Pistons have a bit of a crowded house at small forward and shooting guard. Sources tell NBA.com that even though McGrady agreed to be the backup to Tayshaun Prince and Rip Hamilton, the team is likely to trade away one of them before the season starts. Prince is the more likely candidate since he is in the last year of his contract.

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Von Wafer and Marquis Daniels are the only backups for Paul Pierce and Ray Allen , so the Boston Celtics are looking for one more veteran shooter, according to ESPN Boston.

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When Danny Ferry retired as a player from the San Antonio Spurs in 2003 after scoring 6,439 points and pulling down 2,440 rebounds in his career, he immediately joined the middle management of the Spurs front office. He worked there for two years before taking over as general manager of the Cleveland Cavaliers .

There is the quick update of the day.

Denver Nuggets forward Carmelo Anthony is a free agent next summer and he has told friends that he’s "eager to explore playing" for the New York Knicks when his contract is up, according to CBSSports.com. However, with a new collective bargaining agreement expected to be less lucrative for players next year, Anthony faces a dilemma: Does he take his chances as a free agent or does he sign a three-year, $65 million extension the Nuggets are offering now. CBSSports.com sources say that team owners are determined to "clamp down" on player salaries and player movement in the next CBA after all the free-agent nuttiness this summer.

What do you guys think about this.

Employees of NBA teams are strictly forbidden from recruiting high school basketball players. That’s something Isiah Thomas, a recent rehire by the New York Knicks as a consultant, does all the time in his job as head coach of Florida International University.

There is the quick update of the day.

Tim Thomas is visiting the Dallas Mavericks on Wednesday, as it looks like the two sides are  close to a one-year agreement , according to ESPN Dallas. Thomas, 33, played 18 games for the Mavericks last season but then left the team to be with his ailing wife, who is apparently better after the undisclosed illness. "If all goes well, we’ll reach an agreement," Thomas’ agent Bob Myers told the site

That’s all for today guys, i’ll be back to blog you tomorrow.

Free agent shooting guard Shannon Brown (notes) has won two championships in the last two years with the Los Angeles Lakers and the New York Knicks would love to add that kind of street cred to its roster, but Brown’s agent tells the New York Post that his client is "leaning" toward returning to the City of Angels to try for a third straight title. The final decision between New York and L.A. is expected today by the man who averaged 8.1 points, 2.2 rebounds, and 1.3 assists in an average 20.7 minutes per game.

What do you guys think about this.

Guard Shannon Brown (notes) could be moving to New York City. The man who has won two championships with the Los Angeles Lakers is a free agent and the New York Knicks have made him an offer , according to CBSSports.com.

What do you guys think about this.

Guard Shannon Brown (notes) could be moving to New York City to man the New York Knicks backcourt with Raymond Felton (notes) . Brown, who has won two championships with the Los Angeles Lakers , is a free agent and the Knicks have made him an offer , according to CBSSports.com.

Running low on time today, i’ll be back tomorrow hopefully with some more news.

Looks like Kobe Bryant (notes) and Raja Bell (notes) will get to keep battling with each other and not have to become best buddies. Bryant’s meeting with Bell last night to try and sway him to join the Los Angeles Lakers never had to happen. ESPN is reporting that Bell has signed a three-year, $10 million contract with the Utah Jazz , which had just signed Al Jefferson (notes) the day before that

Running low on time today, i’ll be back tomorrow hopefully with some more news.

Free-agent guard Derek Fisher (notes) spent some time considering an offer to join Dwyane Wade (notes) , LeBron James (notes) , and Chris Bosh (notes) with the Miami Heat but Yahoo! Sports Marc J.

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Los Angeles Lakers assistant coach Brian Shaw left his two-day interview with the Cleveland Cavaliers as the supposed frontrunner to be the new head coach of the Cavs, but then he took his name off the list yesterday and Byron Scott’s name came bobbing back to the top.

That’s all the news for today.

Nothing like waiting till the last minute. The Cleveland Cavaliers have an extremely important player that becomes an unrestricted free agent at midnight Eastern tonight and the team wants to impress him not just with wads and wads of cash for him and his friends, but also with the direction of the team. Yahoo! Sports’ Adrian Wojnarowski reports that LeBron James (notes) should be expecting to hear soon that Los Angeles Lakers assistant coach Brian Shaw is the new head coach of the Cavaliers.

Thanks for reading! .

Nothing like waiting till the last minute. The Cleveland Cavaliers have an extremely important player that becomes an unrestricted free agent at midnight Eastern Wednesday night and the team wants to impress him not only with wads of cash but also with the direction of the team. Yahoo! Sports’ Adrian Wojnarowski reports that LeBron James (notes) should be expecting to hear soon that Los Angeles Lakers assistant coach Brian Shaw is the new head coach of the Cavaliers

Running low on time today, i’ll be back tomorrow hopefully with some more news.

Rasheed Wallace (notes) was pressed into the starting five for the Boston Celtics last night when Kendrick Perkins (notes) couldn’t do it and delivered 11 points, eight rebounds, two assists, and two blocked shots in a game the Celtics led nearly the whole way before finally succumbing to the Los Angeles Lakers , 83-79, to lose the championship. Wallace has two years and $13 million left on his contract, but the Boston Herald reports that Celtics head coach Doc Rivers suggested after the game that the 35-year-old would retire this summer .

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Now that the dance with Michigan State men’s basketball coach Tom Izzo is officially over, the Cleveland Cavaliers front office is turning its attention to Byron Scott. The Cleveland Plain Dealer reports that the team is scheduling a second interview with Scott who just has one more game to work as an ESPN analyst in the NBA Finals. But Scott is interested in the head-coaching job that may open with the Los Angeles Lakers if Phil Jackson decides to retire.

Not much else going on in the NBA world today.

Phil Jackson might only coach the Los Angeles Lakers for one more game, but if he can pull yet another win out of his Zen playbook, he’ll not only win his record 11th NBA championship but take home  an extra $2 million , according to ESPN.  Jackson’s salary is $12 million this season, but, according to the site’s "NBA coaching sources," Jackson’s contract holds a performance bonus of $2 million if his team wins the NBA Finals.

That’s all for today guys, i’ll be back to blog you tomorrow.