NBA free agency blog: Follow latest signings, rumors and buzz

With NBA free agency under way, the rumor mill is churning at high speed. Which teams are looking to swing deals? Which free agents are eyeing new teams? Here are the latest news and reports:

MORE NBA: Free agent tracker | Grading every deal so far

12 a.m. ET

LeBron: I'm coming back to Cleveland

Report: Chicago, San Antonio leading for Gasol. ESPN: “The Chicago Bulls and the San Antonio Spurs have emerged as the two leading contenders to land prized free-agent big man Pau Gasol, according to sources close to the process.”

Report: Atlanta making late run at Gasol

Atlanta making aggressive, late pitch for Pau Gasol, league sources tell Yahoo. $11M-plus a year, sources say. Gasol likely passes on offer.
— Adrian Wojnarowski (@wojespn) July 12, 2014

Report: Wiggins told he won't be included in potential deal for Kevin Love. Sporting News: “The more the process plays out, the more the Wolves’ near-term options seem to be dwindling. The Cavaliers are said to be willing to consider a deal for Love, but No. 1 overall pick Andrew Wiggins has been assured he would not be included in any such trade, a source told Sporting News. That leaves the Timberwolves to pick over the likes of forward Anthony Bennett (last year's top pick) and guard Dion Waiters.”

Report: Memphis comes to terms with Vince Carter on three-year deal (with partially guaranteed third year)

Vince Carter has agreed to a three-year, $12M deal with Memphis, league source tells Yahoo Sports.
— Adrian Wojnarowski (@wojespn) July 12, 2014

The third year of Carter's deal is partially guaranteed, league source tells Yahoo Sports.
— Adrian Wojnarowski (@wojespn) July 12, 2014

Report: Miami talking to Deng, Ariza

Miami engaged with free agents Trevor Ariza and Luol Deng for the job opening at small forward, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Report: If Gasol lands in Chicago, likely won't be via sign and trade

Pau Gasol could find his way to Chicago, but it's unlikely to be in a sign-and-trade for Carlos Boozer, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@wojespn) July 12, 2014

Report: Contenders pursuing Birdman

Several contenders pursuing Chris "Birdman" Andersen, front office sources tell Yahoo. Heat want to keep him, but suitors coming hard.
— Adrian Wojnarowski (@wojespn) July 12, 2014

Report: source says Celtics no longer in hunt for Kevin Love

Heat president Pat Riley releases statement on LeBron's depature

Report: Miller interested in joining Cavs

Mike Miller's interest in joining the Cavaliers is serious, and he will listen to what they have to say, I've been told.
— Jeff Zillgitt (@JeffZillgitt) July 11, 2014

Report: Lakers open to taking back Boozer's deal

In past discussions w/Bulls, ESPN sources say Lakers have been open to taking back Carlos Boozer's contract depending on assets attached
— Marc Stein (@TheSteinLine) July 11, 2014

Report: Lakers pitch to Gasol contingent upon Melo

I'm told the Lakers' offers on Pau Gasol were contingent on Carmelo Anthony coming here. Pau had no interest staying if Melo wasn't here
— Mark Medina (@MarkG_Medina) July 12, 2014

Report: Bazemore signs two-year deal with Hawks

ESPN sources say Kent Bazemore is headed to the Atlanta Hawks on a two-year, $4 million deal
— Marc Stein (@TheSteinLine) July 12, 2014

Knicks announce re-signing of Aldrich, waive Odom

Knicks have waived Lamar Odom, whose NBA career may be over for good now.
— Brian Mahoney (@briancmahoney) July 12, 2014

6:30 p.m. ET

Reports: Heat agree to re-sign Bosh; pushing to bring back Wade, Haslem

Chris Bosh is finalizing an agreement to return to Miami on a five-year, $118M deal, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Miami is pushing to complete a deal to keep Dwyane Wade now, league sources tell Yahoo Sports.
— Adrian Wojnarowski (@wojespn) July 11, 2014

With Bosh back, Miami is trying to complete shorter deals with Dwyane Wade and Udonis Haslem, league sources tell Yahoo.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Report: Kevin Love interested in joining LeBron James, Cavaliers; Wiggins available

Reports: Melo's decision will not come Friday, Lakers out

Report: Suns land Isaiah Thomas in sign and trade with Kings

Report: Suns plan to retain Bledsoe, Ennis

The #Suns aren't signing Isaiah Thomas to deal Bledsoe or Ennis. Plan to use RFA rights on Bledsoe. Ennis, 19, can develop in Bakersfield.
— Paul Coro (@paulcoro) July 11, 2014

Gasol nearing decision

I'm very close to deciding. Thank you all for your interest and support! #FreeAgency
— Pau Gasol (@paugasol) July 11, 2014

Report: Bulls inquiring about Dwyane Wade

Report: Rockets, Heat, Mavs have talked to Deng; Miami leading?

Rockets spoke with agent for Luol Deng during the day, before the Bosh decision. Got to think they double back, but nothing imminent.
— Jonathan Feigen (@Jonathan_Feigen) July 11, 2014

The Miami Heat have had talks with Luol Deng's representatives after LeBron James' decision, I'm told. Story TK.
— Sam Amick (@sam_amick) July 11, 2014

The Lakers and Mavs among teams strongly pursuing Deng. But source describes his options today as: "Miami, Miami and Miami."
— Ken Berger (@KBergNBA) July 11, 2014

Reports: Young, Hill agree to return to Lakers; player option on last year of Young's deal

Nick Young has agreed to a four-year, $21.5m deal to stay with the Lakers, league source says. Fourth year is player option.
— Ken Berger (@KBergNBA) July 11, 2014

Nick Young has a player option on the last year of his four-year, $21.5 million deal with the Lakers per agent Mark Bartelstein
— Dave McMenamin (@mcten) July 11, 2014

Free agent forward Jordan Hill has agreed to a two-year, $18M deal to return to the Los Angeles Lakers, agent Kevin Bradbury tells Yahoo.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Report: Warriors won't include Thompson in package for Love

This is a fluid situation, but... NBA source says GSWs still haven't/won't put Klay Thompson into their offer to Minnesota for Kevin Love.
— Tim Kawakami (@timkawakami) July 11, 2014

Second NBA source: The Warriors have no plans to offer Klay Thompson to Minnesota, even if CLE comes in aggressively for Kevin Love.
— Tim Kawakami (@timkawakami) July 11, 2014

Report: Andersen a hot commodity but he remains loyal to Riley, Heat

There is a strong market for Heat free agent Chris Andersen, but he remains "very loyal" to Spoelstra & Riley. Hasn't decided what to do.
— David Aldridge (@davidaldridgedc) July 11, 2014

Report: Jeremy Lin traded to Lakers

Report: Bulls, Hornets pursuing Kirk Hinrich

Report: Cavs to trade Alonzo Gee to Pelicans; Asik trade next?

Jazz announce signing of first-round picks Exum, Hood

10 a.m. ET

Report: Cavs believed Thursday it was only a matter of time before James committed to them. Yahoo Sports: “In the late morning, the Cavaliers operated with a belief James would soon commit to them, that it was only a matter of time. They had word out of everyone, except as one high-ranking source said, "It still hasn't been confirmed by the only man whose confirmation counts."

Report: Miami counting on Wade to help lure LeBron

Miami is still not operating with any real feel for James's decision, per a source. Team seems to be putting its faith in D-Wade to close.
— Chris Mannix (@SIChrisMannix) July 11, 2014

Report: Infamous Dan Gilbert letter still an issue for LeBron. ESPN.com: “One reason, if not the major reason, that LeBron James has taken so long to decide whether to play in Miami or Cleveland next season is the infamous letter Cavaliers owner Dan Gilbert penned about James after the superstar left Cleveland in 2010, sources said.”

Across the league, team officials wondering if the idea that LBJ is suddenly hung up on @CavsDan letter is softening ground for Miami return
— Chris Mannix (@SIChrisMannix) July 11, 2014

1:30 a.m. ET

Report: LeBron flying to Miami, then Brazil; Wade expected on same flight

LeBron is currently on a flight back to Miami. Then he's off to Brazil.
— Chris Broussard (@Chris_Broussard) July 11, 2014

Dwyane Wade expected to be on a flight back to Miami with LeBron James tonight, league sources told Yahoo. They had been together in Vegas.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Report: Cavs talked with agents of players to potentially join LeBron's supporting cast

Cavs talked w/ agents Thursday on players designed to surround LeBron James. Had hopes he'd commit to Cleveland before day's end. Nothing.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Reports: Melo reconsidering Bulls

Hearing Tom Thibodeau is playing a major role in keeping Carmelo Anthony interested in Bulls.
— Mike McGraw (@McGrawDHSports) July 10, 2014

Hearing the Stephen A. Smith report is accurate. Carmelo may have been leaning elsewhere, but regained interest in #Bulls.
— Mike McGraw (@McGrawDHSports) July 11, 2014

Hearing stronger indications Melo is heavily weighing CHI. 1 high-ranking source: CHI was favorite after all meetings. Torn over NY & Kobe.
— Jared Zwerling (@JaredZwerling) July 11, 2014

Report: Melo sweepstakes down to Bulls, Lakers, Knicks. USA Today Sports: “A person with knowledge of Anthony's situation confirmed reports that he still is considering the Chicago Bulls, though it's unclear where the Bulls, New York Knicks or Los Angeles Lakers are in the lead in these one-man sweepstakes. The Dallas Mavericks and Houston Rockets are considered out of the running, though Anthony is not known to have given any formal indication of that. The person spoke to USA TODAY Sports on the condition of anonymity because of the private nature of the situation.”

Report: Melo not answering Phil Jackson's texts; Knicks coach expected decision today

Phil says he's expects an answer from Carmelo today, but that he also expected one yesterday and the day before that, too.
— Chris Herring (@Herring_NBA) July 10, 2014

Phil says he's texted Carmelo since their meeting, but hasn't gotten responses back from him.
— Chris Herring (@Herring_NBA) July 10, 2014

Report: Bosh waiting for LeBron

Chris Bosh remained on pause with Houston on Thursday, awaiting word out of LeBron James, sources tell Yahoo. Still unwilling to jump - yet.
— Adrian Wojnarowski (@wojespn) July 11, 2014

Report: Suns to continue meeting with Isaiah Thomas Friday

Suns will continue their meeting with RFA Isaiah Thomas tomorrow. Have not yet committed to an offer sheet. No impact on Bledsoe's situation
— David Aldridge (@davidaldridgedc) July 11, 2014

Report: Morrow considering Heat, Clippers, others

FA guard Anthony Morrow still considering the Clippers, Heat, Wizards, Raptors and Suns, per source. All willing to use some portion of MLE.
— David Aldridge (@davidaldridgedc) July 10, 2014

Report: Suns agree with Tucker on three-year deal

Celtics announce signing of rookies Smart, Young

Report: Brooklyn, Houston, New Orleans, Utah have shown interest in Francisco Garcia

Utah, New Orleans, Brooklyn, Houston have expressed interest in free agent G/F Francisco Garcia, league source says. Dialogue is ongoing.
— Chris Haynes (@ChrisBHaynes) July 9, 2014

Julyan Stone in discussions with 76ers, Bucks, Kings

Julyan Stone has cleared NBA free agent waivers, discussing possible deal with 76ers, Kings and Bucks now, league source tells RealGM.
— Shams Charania (@ShamsCharania) July 9, 2014

-- Compiled by Chris Johnson