Today is the first day that NBA free agents can officially sign new contracts. So other than a few deals we already know about being made official, what other storylines are there to follow in the next few days? Here is a look at the current status of some of the top remaining free agents:
Gerald Wallace: Most speculation has Wallace re-signing with Charlotte for a 6 year deal worth in the neighborhood of $60 million. There are persistent rumblings however, that Dallas still has a strong interest in Wallace. The Mavericks have been mentioned in the Wallace discussion ever since free agency began, and for the life of me I can't understand why they are interested. Don't they already have a young and athletic small forward in Josh Howard? Why would Dallas want to bring in another $10 million a year guy just to back him up? Even beyond that however, for Dallas to sign Wallace it would require a sign and trade deal with Charlotte. All signs seem to point to Wallace taking the easy route and taking the long term deal from the Bobcats. The second order effects of that signing would be very interesting to observe in Charlotte, mainly in regards to the future of Adam Morrison. The team just recently brought in Jason Richardson via a trade (signed for the next four years), re-signed SG Matt Carrol to a six year contract, drafted SF Jared Dudley with their 1st Round pick, and are close to re-signing Wallace. What kind of message do those signings send to Morrison after a lackluster rookie campaign? It would seem to me that management might be saying none too subtly that they are ready to cut their losses with Morrison.
Where Does Mo Go?: After Chancey Billups and the Pistons agreed to terms on contract extension Mo Williams suddenly found himself as the best point guard available in free agency. As luck would have it though, three of his potential destinations have dried up; the Lakers took Javaris Crittenton in the draft and then signed Derek Fisher, the Grizzlies took Mike Conley, and the Hawks selected Acie Law. Those moves essentially leave Williams with only two options, one being re-signing with the Bucks to the tune of about $8 million a year, or taking less money to go to the Miami Heat. What his choice essentially boils down to is whether or not he wants to compete for a championship now, which would require taking less money, or if he is willing to stay with Milwaukee through their rebuilding process.
Rashard Lewis is Stinkin Rich: It has just been
reported that the Magic and Sonics have agreed upon a sign and trade deal for Rashard Lewis, with Orlando sending Seattle a second round pick. This move will allow Orlando to sign Lewis to a six year deal worth $127.2 million. Lewis will make $25.6 million in the final year of the contract. Read that last sentence again, and then try and tell me this deal is not going to be a disaster for the Magic, especially since it means that they won't have enough money to re-sign Darko Milicic which happens to complicate another situation...
Memphis Wants Your Big Man: One of the more interesting and and least talked about subplots in free agency is the Grizzlies mission to acquire a big man to pair with Pau Gasol. Going into the draft the Grizzlies had two glaring holes in their roster at point guard and power forward, and they wisely chose to address the point guard issue in the draft considering the previously discussed lack of quality point guards on the free agent market. The free agent crop at power forward however, is much more promising. Initially the Grizzlies were rumored to be after Chicago's Andres Nocioni, but the Bulls and Nocioni have since agreed to an extension. That leaves Anderson Varejao and now Darko as the Grizzlies' two main targets. Varejao is a restricted free agent and the Cavs have been saying all along that they will match any offer. So assuming that Memphis does not vastly overpay Varejao in order to dissauade Cleveland (which is in luxury tax territory) from matching the deal, that leaves Memphis with Darko.
Hakim - the thoughtful one. Check him out way dooowwwwnnn looooooooooowww. He's sensitive, but he's strong. Raised in the church, Hakim made his stage debut at the tender age of 3. 
Darko - the heart-throb. Sure he's the cute one, but he'll tear your heart out. Literally. But don't worry ladies, he's got a soft side he can't help displaying.
Marc -- the funny one. He's all smiles, just having a great time. Of course he'll let you stroke his beard! You might remember him as the keyboardist for his brother's band Pau and the Gas Men. 
