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These are yesterday's basketball rumors. For the most recent stories click here.

After reading today's Basketball Rumors talk on the InsideHoops basketball forum where hardcore fans hang 24/7 talking hoops.

NBA Rumors for Thursday, August 27

InsideHoops NBA rumors updated 1:00 p.m. ET. More stories and other news also appears on the InsideHoops basketball blog.

nba rumors The Cavaliers plan to work Kyrie Irving back into playing condition carefully and methodically as he recovers from a left kneecap fracture suffered in Game 1 of the NBA Finals. Multiple league sources say his rehabilitation is going smoothly, but that the chances are slim of him being in the opening-night lineup against the Chicago Bulls on Oct. 27. One source said he could very well be unavailable up until January. Cleveland.com

When the three-time All-Star underwent surgery in early June, his recovery time was set at 3-4 months. Assuming he is sidelined outside of that four-month window, the thinking is that it would have everything to do with the Cavaliers being patient and cautious rather than the injury not healing. Cleveland.com

Statement from the family of Darryl Dawkins: “It is with great sadness that we share the passing of our beloved husband and father, Darryl Dawkins, who succumbed today to a heart attack. Darryl touched the hearts and spirits of so many with his big smile and personality, ferocious dunks, but more than anything, his huge, loving heart. His family, wife Janice, children Dara, Tabitha, Nicholas and Alexis, along with countless family, friends, and fans, all mourn his loss. More than anything Darryl accomplished in his basketball career as the inimitable ‘Chocolate Thunder,’ he was most proud of his role and responsibility as a husband and father. We ask that the public please respect our privacy as we grieve his loss.” InsideHoops

MAIN MORNING NBA RUMORS PAGE STORIES

nba rumors OK, the money is absurd. Let’s get that out of the way first. But in an era where NBA salaries are on the front edge of erupting into the stratosphere yet again, the Charlotte Hornets did the right thing in locking up Michael Kidd-Gilchrist with a four-year, $52-million contract extension. You can talk a lot about MKG’s flaws if you want to. But the most important statistic is winning, and it is there that Kidd-Gilchrist excels. Charlotte Observer

While the Hornets are nobody’s idea of an NBA champion when MKG plays, without him they often disintegrate. When he’s not out there, it’s like the end of a trial: The defense rests. In the past two seasons, Charlotte is 62-55 with MKG in the lineup (.530 winning percentage) and 14-33 without him (.298). If you don’t re-sign a guy like that, you’re going backward. Charlotte Observer

nba rumors LeBron James took his talents to Miami, and now he's taking his money out of it. James, who played with the Heat for four seasons before returning to the Cleveland Cavaliers last year, sold his Miami home Tuesday for $13.4 million, a source confirmed to ESPN.com. ESPN.com

James paid $9 million in 2010 for the home, which has six bedrooms and eight and a half bathrooms. He sold it to Timo and Nathalia Kipp, who are married Florida real estate investors. ESPN.com

nba rumors Philadelphia 76ers owner Joshua Harris has pledged to donate $3.5 million to the Philadelphia Police Athletic League, the largest gift ever recorded by the nonprofit youth group, The Inquirer learned Wednesday. The New York-based investment tycoon planned to announce his philanthropy at an 11 a.m. news conference Thursday at a PAL center in the Harrowgate section. Philadelphia Inquirer

The donation is being made through a family foundation affiliated with Harris, a graduate of the University of Pennsylvania's Wharton School who cofounded Apollo Global Management L.L.C. PAL board member Gene Castellano said Wednesday afternoon that officials with the nonprofit would not comment on the size of the planned gift or the donor's identity. Two sources confirmed the news. Philadelphia Inquirer

Derrick Rose is being sued by a woman who claims the NBA superstar and two of his friends drugged and gang raped her. The woman, identified only as Jane Doe, says she and Rose dated from 2011 to 2013. During that time, Rose allegedly tried to pressure her to masturbate in front of him, allow him to have sex with her friends and engage in group sex with strangers, all of which she says she refused. TMZ

InsideHoops.com reaction to the above D-Rose story: Derrick is innocent until proven guilty, and for now we absolutely will assume that the accusation is false. When there's reason to believe otherwise, it'll be posted on this page.

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