While the best and most elite NBA players have already been signed, there are still a few notable names who have general managers looking at them. Considering we're halfway through August, the price value has dropped dramatically on free agent players. Now is the time to get good bench players at a discount.

Let's dive into some of the latest rumors surrounding free agency.

Glen Davis

Glen "Big Baby" Davis is still a free agent after playing 74 games with the Los Angeles Clippers last season. Davis has never been an outstanding scorer, and he is not an elite starter, but he can definitely help a team next season. Still just 29 years old, Davis can provide great minutes off the bench. The Clippers have shown "interest" in resigning Davis, but no such deal has been reached. The Clippers are the only team to reach out to Davis this offseason. Davis has said that he is willing to play overseas next season if no NBA team signs him.

Jason Terry

Jason Terry will more than likely not return to the Houston Rockets. The 37-year-old shooting guard has been at odds with the Rockets on a new contract this offseason, and the team just isn't budging. All signs point to Terry signing with the New Orleans Pelicans to a short-term deal. Terry won't play huge minutes for the Pelicans next season, but he has a nice stroke from the perimeter that the Pelicans need. Terry's next contract could very well be his last. Fortunately for him, he will retire a champion.

J.R. Smith

As many NBA fans already know, J.R Smith opted out of his $6 million contract with the Cleveland Cavaliers to test free agency. Unfortunately for him, that test has failed. No team has been willing to sign Smith for more than $6 million a year, but he could return to the Cavaliers. Terry Pluto of the Cleveland Plain Dealer recently said, "At some point, I expect J.R. Smith to sign with the Cavaliers." Smith is a very inconsistent player, but when he's hot, he can shoot the lights out of the ball. He was one of the biggest reasons the Cavaliers made it to the NBA Finals last year after being traded from the New York Knicks.

Jason Richardson

All reports have pointed to Jason Richardson signing with the Atlanta Hawks. A few teams showed interest, but a deal between the Hawks and Richardson is expected to be official on Monday. Richardson, now 34 years old, played with the Philadelphia 76ers last season, averaging 14.9 points per 36 minutes.

Carlos Boozer

He didn't have a great season with the Los Angeles Lakers last year. Then again, who did? Boozer and Jeremy Lin were just one-year experiments in Los Angeles. In July both the Knicks and Rockets were very interested in signing Boozer, but neither team inked him to a deal. The latest team to show serious interest in Boozer is the Miami Heat. Signing Boozer could be a great move by the Heat considering they need rebounding help. Boozer won't help put big points on the board, but he's still a quality rebounder.

Hedo Türkoğlu

He's not a big name superstar player, but he can shoot. Hedo Türkoğlu shot 44 percent and 43.2 percent from three point range with the Clippers over the last two seasons. The 36-year-old from Turkey can't help a team with rebounding much anymore, but his shooting could always be used. The Sacramento Kings were thought to be a possible destination, but a recent report shows they have no interest in signing him.

Follow Damon Salvadore on Twitter @DamonSalvadore1