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NBA notebook: Xavier Henry, Memphis Grizzlies still in standoff

From Staff and Wire Reports Modified: July 25, 2010 at 8:05 pm •  Published: July 25, 2010

The Memphis Grizzlies and their 2010 lottery pick, Xavier Henry, still haven't come to an agreement on his rookie contract.

Henry, a former Putnam City star who played one season at Kansas, sat out the Las Vegas Summer League because of the contract dispute.

The Grizzlies have refused to offer Henry the maximum allowed under league rules, which would be a 2010-11 salary of $2 million, without Henry agreeing to tie $300,000 of that to performance bonuses.

Memphis general manager Chris Wallace told on Sunday that the issue remains unsolved. Wallace also told the website that Henry's representatives have not requested a trade.

Report: Bulls, McGrady close to deal

The Chicago Bulls are prepared to sign veteran Tracy McGrady if he proves to be sufficiently healthy in a workout Monday and can convince team officials he is willing to accept a bench role, reported Sunday.

"Nothing is done until it's done, but I expect the Bulls to sign McGrady later this week," a source told the website.

McGrady worked out for the Los Angeles Clippers last week and expressed interest in the Miami Heat, but Chicago was always his preferred destination.

McGrady would be Chicago's sixth offseason acquisition, joining Carlos Boozer, Kyle Korver, Ronnie Brewer, C.J. Watson and Kurt Thomas.

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