Free-agent buzz: Richardson agrees to 4-year, $25M deal with Magic

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By Adrian Wojnarowski and Marc J. Spears, Yahoo! Sports Staff
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Free agent Jason Richardson has agreed to a four-year, $25 million contract to stay with the Orlando Magic, league sources told Yahoo! Sports.

Richardson, one of the top swingmen on the market, had wanted to remain with the Magic. Several teams had shown Richardson, who has averaged 18 points a game in his 10-year career.

The Magic were hoping that the re-signing of Richardson could help convince Dwight Howard to remain with Orlando. Howard has asked the Magic to trade him to the New Jersey Nets, Yahoo! Sports reported Saturday. Howard can become a free agent July 1.

Knicks eye Crawford

The New York Knicks are interested in a sign-and-trade deal for Atlanta Hawks free-agent guard Jamal Crawford, a source told Yahoo! Sports.

The New Orleans Hornets, Indiana Pacers, Minnesota Timberwolves and New Jersey Nets also have interest in the 11-year veteran as a regular free-agent signee. Crawford averaged 14.2 points and 3.2 assists last season for Atlanta.

Butler joins Raptors

Free-agent forward Rasual Butler signed a one-year deal with the Toronto Raptors, a source told Yahoo Sports! on Saturday morning.

Butler averaged 5.0 points and 1.9 rebounds in 41 games with the Los Angeles Clippers before being traded to the Chicago Bulls where he played sparingly in six games.

Pargo joins Grizzlies

Free agent Jeremy Pargo has signed a two-year, $2 million deal with the Memphis Grizzlies, his agent, Brad Ames, told Yahoo! Sports.

Pargo, a guard, played last season for Maccabi Tel-Aviv.

Hawes to stay with Sixers

Spencer Hawes has agreed to a one-year qualifying offer of $4 million to stay with the Philadelphia 76ers, Hawes told Yahoo! Sports on Saturday.

Hawes, a restricted free agent, can become an unrestricted free-agent after the season. He averaged 7.2 points and 5.6 rebounds in 81 games for the Sixers a season ago. Along with Thaddeus Young, who signed a five year, $43 million extension, Hawes was one of GM Rod Thorn’s priorities to re-sign for the season.

Hawes was the 10th overall pick in the 2007 NBA draft by the Sacramento Kings. He played three seasons with the Kings before a trade to the Sixers last year. He’s averaged 8.4 points and 5.6 rebounds in his four seasons.

Gray, Raptors agree to deal

Free-agent center Aaron Gray has agreed to a one-year deal with the Raptors, a league source told Yahoo! Sports.

Celtics near deal with West

The Hornets are working with the Boston Celtics to finalize a sign-and-trade to send free agent forward David West to Boston, sources said. West and the Celtics are working on a three-year deal worth between $27 million and $29 million, sources said. The Hornets are likely to take back Jermaine O'Neal and another small contract player in the deal. The Hornets won't keep those players, but have deals in place to move them elsewhere. The sign-and-trade deal is the way for New Orleans to get some return on a player who was already planning to leave.

The move would leave the Celtics without a true center, and West would likely play most of his minutes at power forward.

West, 31, tore his left anterior cruciate ligament late last season with the Hornets, but says his knee has recovered. He averaged 18.9 points and 7.6 rebounds in 70 games last season.

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