The absolute latest from ESPN.com's Marc Stein:
... sources close to the situation maintain that a Bibby deal of any kind still ranks as a long shot.
The problem? On top of Cleveland's struggles to find a third (or fourth) team to give the Kings more cap-friendly contracts than it possesses -- with not much time left to do so -- sources say that the Cavs want to find a new home for Damon Jones to offset the financial impact of adding Bibby.
Stein also mentions that Phoenix wants to deal Marcus Banks and will use a first-rounder to do it.