The Nuggets can offer Nene a fifth year on his contract and had moved into the lead over recent days to retain him. The Indiana Pacers had bid aggressively, and Houston planned to make a stronger charge with increased salary-cap space before the NBA killed its three-team deal with the Los Angeles Lakers and Houston Rockets.
More From Yahoo! Sports Staff

Nene has been engaged in negotiations with Denver and Indiana for several days, but the Nets had been waiting to assess the market. Once free-agent center Tyson Chandler found a deal with the New York Knicks, the Nets decided to become more aggressive in their pursuit of Nene.

The Nets are under siege with SI.com and ESPN.com reports they held an illegal meeting in Miami this week with owner Mikhail Prokhorov, King and Magic center Dwight Howard. NBA.com reported the Magic are considering filing tampering charges.

Howard had a meeting scheduled with Orlando Magic CEO Alex Martins mid-week, but canceled it at the last minute, a league source told Yahoo! Sports. Orlando was trying to smooth over a bizarre phone incident involving retired CEO Bob Vander Weide, who was reportedly trying to gauge where Howard stood on his future intentions with the Magic.

Howard had privately told people for several weeks that his two preferred destinations were the Los Angeles Lakers and Nets, sources said. “He’s been waffling back and forth, even this week,” one source said.

If found to have had the meeting with Howard, the Nets could face stiff fines, a loss of draft picks and perhaps even lose the right to sign him as a free agent next summer or trade for him.

Kings sign Hayes to four-year deal

The Sacramento Kings will sign free-agent forward Chuck Hayes to a four-year, $21.3 million contract mirroring the full midlevel exception, Hayes’ agent Calvin Andrews told Yahoo! Sports.

A Modesto, Calif., native, Hayes is in Sacramento and is expected to sign the deal Friday. Hayes averaged 7.9 points and 8.1 rebounds for the Houston Rockets last season. The Minnesota Timberwolves also tried to make a strong push to land Hayes, who has a good relationship with coach Rick Adelman.

Magic acquire Davis from Celtics

The Orlando Magic have reached an agreement to acquire forward Glen Davis from the Boston Celtics in exchange for forward Brandon Bass in a sign-and-trade deal, a league source told Yahoo! Sports.

Davis will receive a four-year worth about $26 million, a source said.

While Davis was hoping to return to Boston where he won a title in 2008, he had been excited about the possibility of playing with All-Star center and long-time friend Dwight Howard with the Magic. Davis averaged career-highs of 11.7 points and 5.5 rebounds last season with the Celtics. New Orleans, Portland, Atlanta and Philadelphia also expressed interest in the four-year NBA veteran.

Bass averaged career-highs of 11.2 points and 5.6 rebounds with Orlando last season. The sixth-year NBA veteran will make $4 million in each of the next two seasons.

Leave a Reply

Your email address will not be published. Required fields are marked *