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Ian Begley ESPN Staff Writer 

The Knicks have made a qualifying offer to Langston Galloway, making the second-year guard a restricted free agent, sources confirm. The value of Galloway's qualifying offer is approximately $2.7 million. The offer was first reported by Basketball Insiders. The Knicks now have the opportunity to match any competing offers to Galloway.

Marc Stein ESPN Senior Writer 

Releasing Jarrett Jack today leaves the Nets on the hook for just $500,000 of the $6 million that the vet guard was due to earn next season

Marc Stein ESPN Senior Writer 

The Nets, unable to find a trade for Jarrett Jack, just announced Jack's release

Mike Mazzeo ESPN Staff Writer 

The Nets have officially waived PG Jarrett Jack.

Free-agency madness begins at midnight ET

With the salary cap going through the roof and everyone having money to burn, the NBA's silly season won't disappoint. What to watch for

AP Photo/Chuck Burton

Ian Begley ESPN Staff Writer 

One rumbling out of Orlando: the Sixers have already been linked to RFAs Harrison Barnes & Allen Crabbe and some members of the organization have discussed pursuing an offer sheet for RFA Jordan Clarkson, sources say.

Kevin Durant on Golden State?

Tom Haberstroh says it makes so much sense.

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Jason Sobel @JasonSobelESPN

J.R. Smith is at the WGC-Bridgestone Invitational wearing a "J.R. FOR PRESIDENT" t-shirt. Subtle, yet effective.

Ian Begley ESPN Staff Writer 

One more note on Evan Turner: the Pelicans are among the teams who have strong interest in him, sources say.

The Spurs' pitch to Kevin Durant

Kate Fagan's acting as Gregg Popovich is strangely effective.

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Ian Begley ESPN Staff Writer 

The Knicks are one of the teams that Evan Turner expects to meet with, per league sources.

Calvin Watkins ESPN Staff Writer 

The Rockets have interest in free agent point guard Mike Conley but won't get a visit with him according to a source. Rockets remain confident in Patrick Beverley's abilities to run the point. The objective is to find a backup if Beverley remains the starter.

Ramona Shelburne @ramonashelburne

Clippers had no chance with LBJ back in 2010. Blake was injured as a rookie in 09. DJ was still raw. But it was huge to get in the room.

Ramona Shelburne @ramonashelburne

Or three years ago when Hawks were determined to get an audience with Dwight Howard, both for the present & paving way for the future