Jason Quick, The Oregonian: "At the urging of Rudy Fernandez(notes) and his agent, the Trail Blazers have engaged in accelerated trade discussions to deal the disgruntled, once-popular shooting guard to one of three Eastern Conference teams. Boston, Chicago and New York are all in the running to land the 6-foot-6 Spaniard, who set an NBA rookie record two seasons ago by making 159 three-pointers. Fernandez, 25, is unhappy in Portland because of limited playing time behind All-Star Brandon Roy(notes) and because of the playing style of coach Nate McMillan, who primarily used Fernandez as an outside shooter, not the playmaker Fernandez believes he can be in the NBA. Fernandez has two years remaining on his contract, which will pay him $1.25 million next season. The Blazers acquired Fernandez, along with James Jones(notes), from Phoenix for cash considerations on draft night 2007. Fernandez signed with Portland in July 2008, ending his seven-year career in the Spanish ACB League."
Phil Miller, Minneapolis Star-Tribune: "Jonny Flynn got an early start Tuesday on an ugly Timberwolves tradition: second-year injuries to first-round picks. Flynn underwent surgery to repair a tear in the labrum of his left hip, an injury that almost certainly will keep him out of training camp and could cost him the first month of the 2010-11 season as well. That makes him the fifth consecutive Wolves' first-rounder to be sidelined by major injury in his second season. Flynn was hampered by his sore hip in the final few weeks of his rookie season, and even sat out the finale after starting the Wolves' first 81 games. The injury also kept him from taking part in the Vegas Summer League, and he finally decided to have the hip surgically repaired. Dr. Marc Philippon, a specialist at the Steadman Clinic in Vail, Colo., stitched up the labrum, which is cartilage that stabilizes the joint, and shaved down part of the hip bone that had been hindering Flynn's movement. The procedure typically requires three to four months of recovery, which means Flynn could be expected to return in early November or December. Flynn's absence could present an opportunity for former Wolves point guard Sebastian Telfair(notes), who was re-acquired in a trade with Cleveland on Monday, or intensify the franchise's search for another veteran point guard to play behind recently signed free agent Luke Ridnour(notes)."
Baxter Holmes, Los Angeles Times: "[Lakers GM Mitch] Kupchak said he remains 'optimistic' about re-signing Shannon Brown(notes) and that he expects a resolution in negotiations in the next seven to 10 days.... Kupchak had no updates on Bryant's injured right index finger or the arthroscopic surgery to Bryant's right knee, which was performed by a medical staff outside of the team."
Ira Winderman, South Florida Sun-Sentinel: "Shavlik Randolph, the only veteran to play on the Miami Heat's summer-league team earlier this month, Tuesday became the second member of that squad to receive a contract. Randolph, who had two brief stints with the Heat this past season, is the 14th player under contract for 2010-11, but unlike the previous 13 players signed, did not receive a fully guaranteed contract. Teams are allowed to carry as many as 20 players in the offseason, but must cut to 15 by opening night. Teams can dress 12 players on game nights. Randolph is the fourth power forward under contract, joining Toronto Raptors free agent Chris Bosh(notes), Portland Trail Blazers free agent Juwan Howard(notes) and returning Heat free agent Udonis Haslem(notes)."
Paul Coro, Arizona Republic: "Louis Amundson made a lot of friends. His popularity in Phoenix over the past two seasons prompted nearly as much local interest in his free-agency future but he said it still appears that won't keep him in Phoenix. 'It's too bad Phoenix didn't value me enough to keep me around,' Amundson said. 'I felt like it was a great situation and I gave everything I have. It's a business and I'm trying to have a thick skin. I was always concerned (about the chances). Knowing they signed Hakim Warrick(notes) and Channing for that much money ($30 million over five years), that was not a good sign.' Amundson said Charlotte, Golden State and Toronto have shown interest in signing him. His hopes of landing in Denver, near his Boulder, Colo., roots, fizzled once the Nuggets signed Al Harrington(notes). 'We're talking pretty seriously with a lot of teams,' said Amundson's agent, Mark Bartelstein, who represents another free-agent big man (Mark Blount(notes)) that has the Suns' interest. 'He's the best big on the market.'"
Nick Friedell, ESPN: "The Chicago Bulls have expressed an interest in free agent guard Eddie House(notes), according to House's agent Mark Bartelstein. The Bulls also have talked to representatives of Keith Bogans(notes) and Roger Mason(notes), according to a person familiar with the situation. The Bulls are one of several teams pursuing House, a veteran guard who would be able to play both backcourt positions and give the Bulls more depth behind Derrick Rose(notes) and new acquisition C.J. Watson(notes), whom they acquired from the Golden State Warriors in a sign-and-trade last week. House, 32, spent the past three seasons with the Boston Celtics before being dealt at last year's trade deadline to the New York Knicks for Nate Robinson(notes)."
San Francisco Chronicle: "The Warriors lost backup point guard C.J. Watson in a sign-and-trade deal with the Bulls, but now they've signed free agent Jannero Pargo(notes), who averaged 5.5 points in 13.2 minutes per game as a backup for Chicago last season, according to reports on several websites. Pargo, 30, a seven-year veteran out of Arkansas, agreed to a $2.4 million, two-year deal, his agent told ESPN.com. The 6-foot-1 Pargo has averaged 6.6 points, 2.0 assists and 1.5 rebounds playing for the Lakers, Bulls, Hornets and Raptors. He and new Warrior Jeremy Lin(notes) will be competing for playing time behind starting point guard Stephen Curry(notes)."
AP: "The Memphis Grizzlies say rookie guard Greivis Vasquez(notes) underwent surgery on his right ankle to remove a bone spur. The team said in a news release Tuesday night that the surgery was successful and he is expected to return for training camp in late September."