• The Bulls do not sound excited about the possibility of losing center Omer Asik to an unconventional three-year, $24 million offer sheet from the Rockets.
• Heat owner Mickey Arison says that despite winning a title, the team lost money again this season.
• Like all first-round picks entering the fourth year of a rookie contract, Stephen Curry is eligible for a four-year contract extension (or, in theory, a five-year extension if the Warriors make the guard their so-called “designated player” under the terms of the new collective bargaining agreement). But the Warriors won’t enter into those talks until they know Curry’s troublesome right ankle can sustain a full NBA season. Seems like a prudent stance, right?
• Mike Wells of the Indianapolis Star reports that the Pacers and point guard George Hill have agreed in principle on a five-year contract. Assuming the value of Hill’s deal is within reason, the Pacers should still have something like $7 million or so in cap space that they could use while center Roy Hibbert makes up his mind on the Trail Blazers’ max-level offer sheet. That doesn’t mean the Pacers will use this space, and to get it, they’d have to immediately renounce their rights to all other free agents, including guard Leandro Barbosa.
• NBA.com’s David Aldridge with a potentially key detail in the Nets’ new four-year, $40 million deal for Gerald Wallace:
The Nets already have reached tentative agreement to retain free agent forward Gerald Wallace with a four-year, $40 million deal. Wallace, a source said, agreed to take less money in the first year of the deal than the $9.5 million he made last season to give Brooklyn more cap flexibility for additional deals.
Every little bit of flexibility helps, just in case the Nets try to get themselves under the cap at some point after July 11 instead of staying over it via cap holds.