While the New York Sun’s John Hollinger made the reasonable suggestion that Charlotte — some $4 million under the cap — make a play for ex-Sacramento/Memphis starlet Bonzi Wells, Houston have made a hash of Hollinger’s otherwise excellent column, inking the free agent SG to a two year, $5 million pact.

ESPN’s Rich Bucher describes Wells as “the last significant free-agent talent on the market.”

Which, I suppose, is Bucher’s roundabout way of saying Keith Van Horn is not a significant talent.

Recovering motorsports enthusiast Jay Williams is expected to sign a deal with the Nets later today. Though the contract is non-guaranteed, it’s a fair bet that no matter how this relationship plays out, it should prove slightly less fatal than the last time New Jersey had a player with a very similar name.