From HoopsHype.com:

Sources tell HoopsHype.com free agent guard Von Wafer signed this afternoon a two-year contract with Olympiakos worth $4.2 million without taxes – approximately $10 million gross. He has an opt-out clause to return to the NBA after the first season.

Wafer, a journeyman who has played with five NBA teams in four years, averaged a career-high 9.8 ppg with the Rockets last season.

Olympiakos signed Lithuanian forward Linas Kleiza earlier in the day for $5 million, also without taxes.  More...

Reports out of New York are indicating that the Knicks are slowly inching closer to finalizing a deal with Ramon Sessions. This thing has dragged on much longer than any of us could have expected, but if Sessions is truly close to becoming a Knick than it’s time to look elsewhere and see what’s left in the free agent market. K.A. already took a look at the best perimeter defenders available, so today we’ll break down some of the best unrestricted guards left on the market.

The Best Of The Rest:  More...

• DeAndre Jordan continues to impress. You always have to offer a qualifier in Summer League, because many of Jordan’s easy routes to the hoop won’t be there when long, speedy NBA help defenders in the regular season slide over to cut off DJ’s path to the rim, but here in Vegas, he’s winning every race to the basket — by a mile. His post moves are far more refined. He’s pivoting middle, bumping his defender with authority as he backs in, and isn’t rushing his shot. He’s shooting 15-for-19 from the field over the two games. Equally impressive? The defensive strides. DJ is communicating with his teammates. He’s not dropping back aimlessly on the pick-and-roll.

Last night’s showcase of Blake Griffin and Eric Gordon at the Thomas & Mack Center should have been the halcyon moment in the Clippers’ rebirth as a franchise. With the Clippers’ brass beaming on the sideline, the team’s featured 20-year-old offensive stars ran a clinic, establishing themselves as one of the league’s most potent big-small duos.

After the game, the G-Force’s mutual admiration society spoke glowingly. “It’s easy to work with [Gordon],” Griffin said. “All I have to do is set a pick and just wait. He’s so strong, he either gets to the hole, gets fouled, or passes it to me.”  More...

From ESPN.com:

The makeover of the Los Angeles Clippers may include a former scoring champion.

The team is in “very serious” talks with Allen Iverson on a contract, the Los Angeles Times reported on Monday. ESPN.com’s Marc Stein reported on Sunday that the Memphis Grizzlies have been pursuing Iverson, but owner Michael Heisley thought the Miami Heat had the inside track. The Charlotte Bobcats were also reported to have interest.  More...