Latest free-agent buzz

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Here's the latest stuff I'm hearing from agents, player reps and team executives from around the league:

Miller (most likely) out in Philly

Miller

Andre Miller's career with the Philadelphia 76ers is almost certainly over. The Sixers offered the 33-year-old point guard a one-year deal for the midlevel exception ($5.8 million). Miller was understandably underwhelmed, but after spending big last summer on Andre Iguodala ($80 million) and Elton Brand ($80 million), Philadelphia couldn't give Miller the three-year, $30 million contract he wanted just to remain a mediocre club. The Sixers aren't willing to give Miller three years even at the midlevel.

Miller's agent, Andy Miller (no relation), is trying to find a sign-and-trade deal that will fetch his client something near $10 million per year. But he's been unsuccessful so far. The Sixers will not do a sign-and-trade just for the sake of doing one; it has to make sense for them, and nothing they've seen has made any sense.

Executives around the league believe Miller will get a three-year, midlevel deal from some team, but that club remains a mystery right now. If Miller wants to play for a one-year, midlevel deal, a return to Philly is possible, but it's doubtful he'll settle for that -- and doubtful the Sixers will offer more.

Before free agency began, a prevailing thought was Portland wanted Miller. But the Blazers, citing his terrible 3-point shooting, poor defense and age, have almost no interest in him.

Iverson

Iverson update

The Memphis Grizzlies appear to be the club with the most interest in Allen Iverson. I'm told the chances of Iverson going to Miami are minuscule. But for reasons that are as much about money as about basketball, the Grizzlies are contemplating adding Iverson to their club. That doesn't mean it's going to happen, but it could.

Neither party's motives are the purest. Memphis, which often has as many empty seats as filled seats at its games, knows Iverson is a huge draw, and that's a big part of this. Iverson, on the other hand, is hoping to land with the Grizzlies solely because they're the only team willing to consider paying him more than the midlevel exception.

Iverson has been humbled a bit. He realizes that interest in him is low and that he's in for a severe pay cut. But he's also motivated. His mentality right now is that he'll take a one-year deal, play his butt off to re-establish himself as an elite player, then cash in next summer.

Chris Broussard is a senior writer at ESPN The Magazine.

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Chris Broussard | email

NBA analyst

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• Senior Writer for ESPN The Magazine
• Formerly at the New York Times, 1998-2004
• Covering the NBA since 1995