Ken Berger at CBSSports.com reports that Ron Artest will sign with the Los Angeles Lakers.
Apparently, the Lakers will let Trevor Ariza go and will sign Ron Artest - another free agent that the Cavaliers had been making a heavy push, according to reports.
Reportedly Artest even had a face-to-face meeting with LeBron James this past Tuesday, but it looks as if Artest prefers the bright lights of Los Angeles to the cold winters of Cleveland.
If this indeed proves to be the cases, the Cavs' free agent prospects are becoming limited quickly. Reports out of Boston have the Boston Three Party - Kevin Garnett, Ray Allen, Paul Pierce - along with coach Doc Rivers and team president Danny Ainge reaching out to Rasheed Wallace in Detroit. Wallace's agent was traveling and could not be reached for comment.
Artest would have been a good fit for the Cavs. His 17.1 points and 5.2 rebounds would have been valued, but his lockdown defense would have been more of an asset.
If this pans out the Los Angeles Lakers have to be considered the favorite to repeat as NBA champions next season.
UPDATE: Is it me or is the Western Conference incestuous? Artest goes to live happily ever after with Kobe. Trevor Ariza, feeling disrespected, goes to the Houston Rockets, Artest's apparent former team and the Cavaliers are left shadow dancing for now.
SI.com reports only that Wallace is receptive to the Celtics offer. He's going to leverage his hand to the fullest. He knows that Boston would love to have him as a backup and that the Cavaliers along with the San Antonio Spurs would love to have his services as well. San Antonio finds itself in the same situation as Boston in Cleveland - working with the mid-level exception which is worth $5.6-5.8 million this year.
Logically speaking this is going to come down to the number of years that a team is willing to offer for 'Sheed's services.