NBA Trade Rumors: Latest Trade and Free Agency Rumors

NBA Trade Rumors — While the NBA Finals are in full swing, the rest of the league is already considering trades and free agents are starting to consider their options. Here are the latest news around the league on the upcoming free agency and the trade rumor mill.

Mar 28, 2013; Milwaukee, WI, USA; Milwaukee Bucks guard Monta Ellis (11) during the game against the Los Angeles Lakers at the BMO Harris Bradley Center. Milwaukee won 113-103. Mandatory Credit: Jeff Hanisch-USA TODAY Sports

Monta Ellis turns down extension, wants to go to Sacramento Kings?

Monta Ellis has the option to terminate his contract this summer, opt out of the last year and sign with who he pleases. Milwaukee Wisconsin Journal Sentinel reports that that might be the case:

"“Yahoo Sports recently reported that Ellis plans to opt out of his contract and could be interested in the Sacramento Kings, who hired former Golden State assistant Mike Malone as their new coach after undergoing an ownership change.”"

Ellis has been offered a two-year extension on his current deal by the Bucks. His three-year contract would be worth around $36 million, but Ellis has chosen to turn the deal down. Instead, it seems he is interested in joining the Kings. From the Bucks’ perspective, this is probably a good thing long-term, as the team is currently very mediocre and is in serious need of a complete rebuild.

Apr 13, 2013; Minneapolis, MN, USA; Minnesota Timberwolves power forward Derrick Williams (7) dunks against the Phoenix Suns in the third quarter at the Target Center. Timberwolves won 105-93. Mandatory Credit: Greg Smith-USA TODAY Sports

Minnesota Timberwolves looking to move Derrick Williams, move up in the draft?

It’s really no surprise to find Derrick Williams’ name in the rumor mill again. Ever since the No. 2 overall pick in the 2011 draft arrived in Minnesota, he has not quite established himself. There is still confusion whether he should play the 3 or the 4, but he does have incredible athletic abilities that teams might be interested in. According to TwinCities.com, the Timberwolves could use Williams in a potential trade package:

"Because Derrick Williams will have to play behind either Kevin Love or Andrei Kirilenko next season, he’s expected to be the Timberwolves’ main chip in trade talks this month.Williams turned 22 on May 25. It wouldn’t be surprising if the Wolves packaged the 6-8, 240-pounder with their No. 9 overall pick in the NBA draft to move up to take shooting guard Victor Oladipo from Indiana."

Sep 29, 2012; Waltham, MA, USA; Boston Celtics head coach Doc Rivers (middle) talks with forward/center Kevin Garnett (left) and small forward Paul Pierce (right) during practice at the Celtics training facility. Mandatory Credit: Greg M. Cooper-USA TODAY Sports

Decisions on Doc, Pierce, Garnett yet to be made

The Boston Celtics have several big decision that need to be made this summer. Boston Herald has the following:

"Meanwhile, there has still been no final decision on next season communicated from either Doc Rivers, who continues to work with the team on next year’s roster, or Kevin Garnett, who, it is hoped, is out in California removing the weary from his body and mind. Nor have the Celts made a final call on Paul Pierce, who, if he is not traded beforehand, must, in 23 days, either be bought out for $5 million or kept and guaranteed $15.3 million."

Pierce has widely been rumored to be leaving the Celtics, as the franchise will look to blow things up and rebuild. If that is the case, Garnett would probably be either retiring or waiving his no-trade clause and look for one last shot at a championship elsewhere. While no official decision has been made on Rivers, it seems as though he will stick around and help the team rebuild next season.