Sources told ESPN.com that the teams are still discussing the final framework of the deal but have committed to a swap that will see Hibbert absorbed into the Lakers' salary-cap space after they missed out on all of their primary free-agent targets.
Thursday is the first day that the deal can be consummated, after a leaguewide moratorium on roster business is lifted, and one source told ESPN.com on Saturday: "It'll get done after July 9."
The Lakers will absorb Hibbert's $15.5 million salary for next season into their salary-cap space, sources said.
The obvious next step for the Lakers is to trade for a big man in the final year of his contract who won't affect L.A.'s free-agency plans for the summer of 2016, making Hibbert and former Golden State Warriors All-Star forward David Lee two natural targets.
But sources said Saturday that the Lakers are not actively pursuing Lee.
Dallas has limited funds to offer, but sources told ESPN.com that Lin is giving the Mavericks strong consideration even though he can likely make more money elsewhere.
Lin's relationship with Mavericks forward Chandler Parsons from their days as teammates in Houston, sources said, has kept Dallas in the race despite its lack of financial flexibility. Parsons, of course, had a huge hand in the recruiting of DeAndre Jordan to the Mavericks in the richest free-agent score in team history.
If there's one thing the Los Angeles Lakers can learn from LaMarcus Aldridge's almost inevitable decision to join the San Antonio Spurs, it's that this is not about the presentations, it's about the roster and the culture.
The Lakers got a second chance to make their pitch to Aldridge after their first attempt was widely ridiculed for its lack of basketball focus. I'd argue the Lakers got their encore appearance because the first was widely ridiculed, and Aldridge's representatives felt bad that the word got out and wanted to give the Lakers a chance to save face.
Even if the Lakers scaled down the presentation, made it less about Hollywood and more about the hardwood in the second go-round, they couldn't change the basic facts that they can only sell the glorious past and the possibilities of the future. They can't sell the present. They don't have the core components of a team that won a championship a year ago like the Spurs do, they don't have a culture where the star player takes discounted contracts and even a role player primed to cash out like Danny Green sticks around at a discounted rate.
LaMarcus Aldridge currently has no plans to make out-of-town visits and, at this stage, plans to take "a couple of days" to digest all the pitches he has received after meeting with multiple teams, sources told ESPN.com on Friday.
Sources said the pitch Aldridge received Friday in Los Angeles from coach Gregg Popovich -- about playing with Tim Duncan in his final days in the NBA and then taking over for him as the Spurs' frontcourt linchpin alongside Kawhi Leonard -- resonated strongly with Aldridge.
It was the Spurs' second meeting with Aldridge. Popovich, Duncan, Leonard and Tony Parker all pitched Aldridge directly Wednesday morning, sources said.
The Los Angeles Lakers also got a second chance to impress Aldridge, their top free-agent target, on Thursday night in a meeting that lasted about 90 minutes and focused entirely on basketball, sources told ESPN's Ramona Shelburne.
The deal is for four years with a total value of $54 million, sources told ESPN.
The Knicks met Thursday with Jordan, and if he had chosen New York, the Lopez-to-Knicks deal would have been called off.
New York also had a meeting scheduled with free agent LaMarcus Aldridge
Los Angeles Lakers president Jeanie Buss has said before that the team is rebuilding under a deadline. Specifically, she has said, the Lakers need to make a deep run in the playoffs within three years or her brother Jim will step down from his post as president of basketball operations.
Asked about that deadline in a radio appearance with KPCC on Thursday, Jeanie Buss reiterated that timeline is still in place and that if the Lakers don't reach their goals by then, she's ready for change.
"Yeah, absolutely," Buss said. "This is my job. I'm part-owner of the team, but I'm also the president. The Buss family is the majority owner but we have other partners as well who are also shareholders, and I have an obligation to them. Would I make those changes? Yes. My brother understands that we have to continue to strive for greatness, and I think he would be the first one to feel that he would need to step down if he can't get us to that point."
She explained the circumstances surrounding that timeline.
"Well, I asked my brother, how long until we're back into contention? And when I say 'contention,' that means past the second round, so either the Western Conference finals or the NBA Finals," she said. "And he told me that it would take three years to rebuild it. So we've just finished Year 1 of that three-year [plan]. So we have two more years until he feels that we'll be back into going past the second round in the playoffs."
How would she evaluate how her brother has fared in his role thus far?
The Los Angeles Lakers got a second chance to impress their top free-agent target, LaMarcus Aldridge, on Thursday night in a meeting that lasted about 90 minutes and focused entirely on basketball, sources told ESPN.
The Lakers had requested the second meeting after being informed that their first presentation to the star power forward had been coolly received because it focused too much on off-the-court business and marketing opportunities in Los Angeles for one of the NBA's glamour franchises and not enough on how the team planned to use Aldridge on the court.
One source with knowledge of both meetings said it took more than an hour before the Lakers laid out a vision for rebuilding their roster and how Aldridge fit into that in the first meeting. The presentation also was wholly lacking in analytics, which appeared even worse after the analytics-minded Houston Rockets followed them into the room Tuesday night.
After getting feedback on Aldridge's reaction to their presentation, the Lakers requested and were granted a second meeting Thursday night. One source said they made a point of apologizing to the 29-year-old Aldridge for not giving a more well-rounded presentation and thanking him for giving them a second chance. In addition to general manager Mitch Kupchak and coach Byron Scott, they brought assistant coach Mark Madsen to the presentation. Madsen is the liaison between the coaching staff and the franchise's analytics staff.
ESPN NBA analyst Tom Penn joins Ryen Russillo to discuss the Los Angeles Lakers' strategy in free agency, whether the New York Knicks or Lakers are more attractive to free agents, and the impact of the salary cap increase.
Penn explains why the Lakers aren't attractive to free agents this summer. "They don't have much to offer, other than being in L.A.," Penn said.
"The Lakers sales pitch has to be a two-year sales pitch," stated Penn, who thinks the Lakers are a more appealing situation than the Knicks.
"Kobe's only under contract for one season. And then, he will be back but it will be at a much reduced rate I would think," Penn noted. "They will have room to build around, plus L.A. has D'Angelo (Russell) and Julius Randle."
The Knicks, on the other hand, are locked into a big contract with Carmelo Anthony for four more years.
Ed Davis is leaving Los Angeles for the Portland Trail Blazers. Now, like most of the rest of the league, he's waiting for LaMarcus Aldridge to make a decision and determine just how big Davis' role will be in his new home.
Davis agreed to terms on a three-year, $20 million deal with the Blazers on Thursday, agent David Bauman of Relativity Sports said.
The 25-year-old Davis was the 13th overall pick by the Toronto Raptors in 2010, but he has bounced around the league for his first five seasons. He spent two and a half seasons in Toronto and another season and a half in Memphis before signing a two-year deal with the Lakers last summer that allowed him to opt out after his first year.
Davis averaged 8.3 points and 7.6 rebounds in just over 23 minutes per game with the Lakers, a productive stint especially for a player making under $1 million. He's getting a hefty raise to go to Portland, but he won't know exactly what his role will be with the Blazers until Aldridge decides where he will sign.
If the All-Star power forward chooses to remain in Portland, Davis will be a valuable and versatile piece off the bench for a Blazers roster that is in flux. Nicolas Batum was traded to Charlotte, free agent Wesley Matthews is unlikely to return and new faces including Gerald Henderson and Mason Plumlee have arrived to change things up.
If Aldridge chooses to leave Portland for one of the many teams courting him, Davis could slide into the spot in the starting lineup that Aldridge vacates. Davis has never averaged more than 25 minutes per game in his first five NBA seasons, but starting in a group that includes point guard Damian Lillard