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  1. NBA “Deal Day” moves and rumors (constantly updated)

    Dec 9, 2011, 7:38 PM EST

    Atlanta Hawks v Chicago Bulls - Game Two

    Today is going to be the Black Friday Sales of the NBA — there will be deals happening fast here, there and everywhere. Just like at Wal*Mart, you might have GMs pepper spraying others to make sure they get the player they want. It’s going to be hard to keep up with all the information,…

  2. Daequan Cook re-signs with Thunder for 2 years, $7.5 million

    Dec 9, 2011, 7:11 PM EST

    COOK_DAEQUAN

    According to Marc Spears of Yahoo! Sports, the Oklahoma City Thunder have signed 24-year old 3-point specialist Daequan Cook to a 2 year, $7.5 million extension. Cook, who was unceremoniously thrusted upon Oklahoma City to create cap space for the Heat in a 2010 draft-day trade, played in 43 games for the Thunder last season,…

  3. 76ers sign Thaddeus Young to 5-year, $42 million contract

    Dec 9, 2011, 7:04 PM EST

    Thaddeus young

    From the Philadelphia Inquirer’s Kate Fagan: Here’s final details on @yungsmoove21‘s deal to return to #Sixers: contract is for $43 million over 5 years. Or just about $8.3 million per. According to Fagan, Young will have a player option for the 5th year of his deal. The 23-year old Young, who was a lottery pick in 2007,…

  4. Pistons agree to buy out Rip Hamilton

    Dec 9, 2011, 6:02 PM EST

    Rip Hamilton

    Richard Hamilton has been perfecting his sulking game in Detroit over the last year or so, and the Pistons are finally done with him. According to Perry Farrell of the Detroit Free Press, the Pistons have agreed to buy out Hamilton’s contract and make him an unrestricted free agent. Farrell makes the important distinction that…

  5. Brandon Roy to announce his retirement

    Dec 9, 2011, 6:01 PM EST

    Brandon Roy

    UPDATE 6:01 pm: Over the course of the day multiple reports have confirmed that Brandon Roy has been diagnosed with a degenerative condition in his knee and he has decided to walk away from basketball. The latest confirmation came when media at Blazers training camp spoke to forward Gerald Wallace, who confirmed that coach Nate…

  6. Heat return Mario Chalmers, James Jones, and Juwan Howard for another go-around

    Dec 9, 2011, 5:03 PM EST

    Mario Chalmers

    Although the Miami Heat’s failure to win the NBA title made them a frequent punchline, let’s not soon forget just how quickly the Heat were able to rise to the top of the league. Miami is an altogether incredible team, and though they squandered an opportunity in the NBA Finals, they likely need only to…

  7. Report: Lakers, Rockets, Hornets talking reworking Chris Paul trade

    Dec 9, 2011, 4:47 PM EST

    Kobe Bryant, Chris Paul

    This could get interesting. And it could provide David Stern a “face saving” way out of his public relations disaster. The Lakers, Hornets and Rockets are talking again about ways to sweeten the three-team trade vetoed by Stern yesterday, tweeted Adrian Wojnarowski of Yahoo (who has been on top of this story from the start).…

  8. Kings sign Chuck Hayes to a modest four-year, $21 million deal

    Dec 9, 2011, 4:07 PM EST

    Chuck Hayes

    The post-lockout free agency period has seen teams throw gobs of money at Caron Butler, Tyson Chandler, and Nene, but out in Sactown they’re showing some impressive restraint. The Kings aren’t in any rush to substantial salary commitments to their books, but in their efforts to build up their roster and meet the league’s payroll…

  9. Might Chauncey Billups retire? Or end up with the Clippers?

    Dec 9, 2011, 3:58 PM EST

    NBPA Meet To Discuss Current CBA Offer

    We know one thing about Chauncey Billups next season: He will not be playing for the New York Knicks. He might not be playing anywhere — he is threatening to retire if a team he doesn’t want to play for claims him on waivers. But what if it is an intriguing team, like the Clippers?…

  10. Orlando Magic use amnesty clause to waive Gilbert Arenas

    Dec 9, 2011, 3:00 PM EST

    Gilbert Arenas, Stan Van Gundy

    The Orlando Magic have waived Gilbert Arenas, and designated him as the team’s amnesty player according to a team press release. This is perhaps the least surprising news of the day, as Arenas, on the books for $62 million over the next three seasons, was widely expected to be among the first players dropped under…

  11. Mark Cuban voted against new labor agreement, explains Mavs’ thinking regarding free agency

    Dec 9, 2011, 2:24 PM EST

    Dallas Mavericks v Miami Heat - Game Six

    The defending champion Dallas Mavericks have been uncharacteristically quiet as free agency in the NBA has reached a fever pitch over the past few days. The team that notoriously has been willing to spend into luxury tax territory hasn’t been connected to any of the top free agents, and in fact, seemed simply uninterested in…

  12. David Stern releases statement on Chris Paul trade veto

    Dec 9, 2011, 1:30 PM EST

    NBA Commissioner Stern speaks to reporters in New York

    Here is the official statement from David Stern on his veto of the NBA trade that would have sent Chris Paul to the Lakers in a three-team deal. “Since the NBA purchased the New Orleans Hornets, final responsibility for significant management decisions lies with the Commissioner’s Office in consultation with team chairman Jac Sperling. All…

  13. Magic may file tampering charges against Nets for talking to Dwight Howard

    Dec 9, 2011, 12:54 PM EST

    NBA: Orlando Magic at Los Angeles Clippers

    And you thought the Chris Paul situation was messy…. The Orlando Magic are considering filing tampering charges against two NBA teams for reaching out to Dwight Howard (who is still under contract to Orlando), reports David Aldridge at NBA.com. This report has been confirmed by other sources. Those two teams are the New Jersey Nets…

  14. Grant Hill agrees to one-year deal to stay with Suns

    Dec 9, 2011, 12:23 PM EST

    Sacramento Kings v Phoenix Suns

    Not everybody wants to play for the Knicks. Grant Hill has decided to stay with Steve Nash — and the warm winter weather of Phoenix — and has agreed to a one-year, $6.5 million deal to play for the Suns this season, reports Paul Coro of the Arizona Republic. The Suns were long considered the…

  15. Hornets, Lakers, Rockets to appeal Stern’s trade veto

    Dec 9, 2011, 12:08 PM EST

    Image (1) chris-paul-hornets-072610jpg-70df13389f9ce9d1-thumb-250x208-18051.jpg for post 3631

    NBA executives around the league are shocked — never before has the league stepped in to block a trade, even ones that appeared painfully lopsided — but they have used that power now. And the teams involved don’t like it. The Lakers, Hornets and Rockets will appeal the cancellation of the three-team trade that would…

  16. Knicks moving forward to get Chandler, amnesty Billups

    Dec 9, 2011, 11:28 AM EST

    Tyson Chandler of the Dallas Mavericks c

    It was the big story yesterday — until Chris Paul was traded then untraded — and it will shake up the Eastern Conference. And it is happening — the New York Knicks will sign Tyson Chandler today tweets Howard Beck at the New York Times. The Knicks will use the amnesty clause on Chauncey Billups…

  17. Report: Suns to send Mickael Pietrus to Raptors for second round pick

    Dec 9, 2011, 10:47 AM EST

    Orlando Magic v Phoenix Suns

    The Mickael Pietrus era appears to be over in Phoenix, as the Suns have agreed to trade the small forward to the Raptors for a conditional second round draft pick, according to the Toronto Star. Pietrus will need to pass the customary physical, which might get interesting considering the fact that he missed the last…

  18. Stern’s trade veto about owners wanting their power back

    Dec 9, 2011, 9:34 AM EST

    David Stern, Adam Silver

    Why David Stern pulled the plug Thursday on a reasonable (not ideal, but reasonable) three-team trade that would have sent Chris Paul to the Lakers is really simple: The NBA owners want their power over star players back. What LeBron James did scared most owners because he had the power — teams had to come…

  19. NBA labor deal officially approved, camps set to open

    Dec 9, 2011, 8:18 AM EST

    NBA And Players Representatives Meet To Discuss Possible Settlement

    In all the excitement over Chris Paul going to the Lakers Chris Paul staying with the New Orleans Hornets, one little thing happened on Thursday not many people noticed: The players and owners approved the new NBA labor deal. It is in place and training camps are set to open Friday (even if not everyone…

  20. Danny Granger and Jason Richardson tweet out their frustration over the league-halted Chris Paul trade

    Dec 9, 2011, 2:49 AM EST

    Danny Granger

    Over the last few years, Twitter has completely changed the NBA experience. It gives basketball fans a place to congregate online in order to discuss breaking news or thrilling games. It gives reporters a mechanism to get their scoops to readers as quickly as possible, without having to worry about wasting precious moments for the…

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