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The Sixers have a deal in place for Rockets guard Jeremy Lin, the Nuggets are nearing an agreement with Mike Miller and more from around the NBA on Wednesday.
The Houston Rockets have found a taker for Jeremy Lin, agreeing in principle to a deal with the Philadelphia 76ers that would free up cap space for a presumed max-level offer to Chris Bosh. As Jake Pavorsky of Liberty Ballers reports, the 76ers would take on Lin and his $15 million salary for 2014-15 in addition to receiving a first-round draft pick.
Already this offseason, we saw the Rockets deal big man Omer Asik to the New Orleans Pelicans in an effort to clear cap space, but affording a massive offer for someone like Bosh would also require the team to deal Lin. He's proven to be a solid player in his time with the Rockets, but has that exorbitant salary as a result of the unusual contract he signed with the team.
It's a perfect opportunity for Philadelphia, however, as the Sixers have ample space for Lin in their salary cap and little concern with winning next season. So they'll happily add his money to the books and add some draft picks in the process, giving the team additional assets for its rebuilding project.
The deal may be contingent on the Rockets getting Bosh, though, so we'll see what exactly happens here. Either way, the Sixers would probably be thrilled with this trade.
Nuggets nearing deal with Mike Miller
The Denver Nuggets and veteran sharpshooter Mike Miller are "close to agreeing to terms" on a deal, reports Chris Broussard of ESPN.
That puts an interesting wrinkle into LeBron James' situation with the Cleveland Cavaliers, as the Cavs have been pursuing Miller as part of an effort to lure the four-time MVP. The past few seasons, Miller and James have played together for the Miami Heat, and it seemed possible that the former would follow wherever the latter went.
Miller may not be able to turn down this opportunity from the Nuggets, however, depending on what kind of money or role they promised him. Denver probably won't competing for a title any time soon, but should be reasonably good in its second season under Brian Shaw.
Raptors re-sign Vasquez for two years
The Toronto Raptors continued their busy offseason by agreeing to a two-year, $13 million deal with point guard Greivis Vasquez on Wednesday night.
It's a lot for a backup, but Vasquez is a talented offensive player who brings a nice change of pace from starting point guard Kyle Lowry. He's also solid injury insurance and comes with minimal risk given the relatively short term of the contract.
Vasquez was acquired during the middle of last season as part of the Rudy Gay trade and quickly settled into a bench role with the Raptors. Clearly, the team liked the fit as well, and decided to pay him handsomely to keep the partnership going.
Mavericks confident they can keep Carter
The Dallas Mavericks agreed to a three-year, $46 million offer sheet with Chandler Parsons on Wednesday, but that hasn't stopped the team from trying to retain Vince Carter. As Tim MacMahon of ESPN Dallas reports, the Mavs are "still optimistic" they can end up with both.
That may take some generosity on Carter's part, as MacMahon says the Mavericks hope he'll accept the team's cap room exception worth $2.73 million over one year. Considering how well Carter played last season, and the current free agent market, he could likely command more than that elsewhere.
However, Carter has already played under a discount the past three seasons and wants to stay with the team. Given that players like Dirk Nowitzki and Devin Harris have already accepted less money to sign with the Mavs, maybe Carter will follow in the same direction.
Mike Woodson joining Doc Rivers' coaching staff
Players aren't the only ones making moves this summer, as Ken Berger of CBS Sports reports that former New York Knicks coach Mike Woodson will be joining Doc Rivers and the Los Angeles Clippers as an assistant for the 2014-15 season.
Woodson was fired by the Knicks at the end of the 2013-14 season, which was a disappointing mess for New York. Not all of the blame can be directed at the coach given the complications of the situation, but there was little surprise when the team ultimately gave him the axe after failing to reach the playoffs.
Before becoming head coach with the Knicks, Woodson was an assistant under Mike D'Antoni in New York. He also spent six years as the head coach in Atlanta, but the Hawks chose not to renew his contract after getting knocked out of the 2010 playoffs.