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  1. Chris Paul to Lakers deal back from the dead. Maybe. But modified.

    Dec 10, 2011, 1:49 AM EDT

    Chris Paul, Quincy Pondexter

    A little more than 24 hours after the iron fist of David Stern crushed the Chris Paul to the Lakers trade because small market owners complained it was not good for the Hornets, we know four things. 1. Chris Paul is going to be traded. Sooner rather than later. 2. The Lakers’ and Hornets’ three-team deal…

  2. Amid Magic dysfunction, Dwight Howard’s agent is given formal permission to speak with L.A., New Jersey, and Dallas

    Dec 10, 2011, 1:08 AM EDT

    Orlando Magic v Atlanta Hawks - Game Six

    UPDATE (12:59 AM EST): Sam Amick of SI.com to the rescue: Orlando PR man Joel Glass calls to inform that D. Howard’s agent now has permission to speak w/ Lakers, Nets, & Mavs about possible trade. Glass was clear that this permission was from here “going forward,” not previously. The Lakers and Nets make sense…

  3. Report: Celtics close to deal with free agent David West

    Dec 9, 2011, 11:36 PM EDT

    Phoenix Suns v New Orleans Hornets

    Well, Boston is going with the “penetrating point guard and shooters” theory. Apparently. The Celtics are on the verge of signing free agent David West, tweets David Aldridge of NBA.com. This would be a three-year deal for about $27 million and likely will be a sign-and-trade where Jermaine O’Neal and others will head back to…

  4. Magic trade Brandon Bass for Glen Davis, but what exactly do they hope to gain?

    Dec 9, 2011, 11:33 PM EDT

    Boston Celtics v Orlando Magic

    Amid a flurry of activity across the league, the Boston Celtics and Orlando Magic quietly agreed to swap two somewhat frustrating bigs. Brandon Bass, the athletic power forward who gave Stan Van Gundy more than a few gray hairs during his stint with the Magic, is Boston-bound in exchange for a signed-and-traded Glen Davis. It…

  5. Report: Vince Carter headed to Dallas Mavericks

    Dec 9, 2011, 9:34 PM EDT

    vince-carter-suns

    As expected, early on Friday the Phoenix Suns made it official and bought out Vince Carter’s contract. He was owed $18 million and he’s just not that guy anymore. So they bought him out for $4 million and Carter became a free agent. The only question was where would he land. How about Dallas? That…

  6. Magic have not filed any tampering charges. Yet.

    Dec 9, 2011, 8:20 PM EDT

    Orlando Magic v Phoenix Suns

    The threat may have done the job. The idea of Dwight Howard demanding the Orlando Magic trade him to New Jersey died when the Magic started talking about potential tampering charges on Friday. By the end of the day everyone has denied everything. But the rumors of Howard to the Nets had died out by…

  7. There is new Greg Oden news, which means there is new horrible news

    Dec 9, 2011, 8:18 PM EDT

    Greg Oden

    From the Oregonian’s Jason Quick: Breaking: Blazers determine center Greg Oden has suffered setback, and restructure his one-year deal for a lesser amount… …But the Blazers, who didn’t comment Thursday after his appointment, determined that he is less likely to return to the court this season. Ugh. Looks like another year lost for the former…

  8. Warriors apparently ready to offer DeAndre Jordan around $10 million

    Dec 9, 2011, 8:04 PM EDT

    DeAndre Jordan, Corey Maggette

    From the Contra Costa Times’ Marcus Thompson: The Warriors are preparing an offer sheet for Los Angeles Clippers center DeAndre Jordan, according to a team source. The Warriors must have the space under the cap to cover the first year of the deal in order to make the offer. Don’t yet know how much the…

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

    Dec 9, 2011, 7:38 PM EDT

    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,…

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

    Dec 9, 2011, 7:11 PM EDT

    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,…

  11. 76ers sign Thaddeus Young to 5-year, $42 million contract

    Dec 9, 2011, 7:04 PM EDT

    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,…

  12. Pistons agree to buy out Rip Hamilton

    Dec 9, 2011, 6:02 PM EDT

    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…

  13. Brandon Roy to announce his retirement

    Dec 9, 2011, 6:01 PM EDT

    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…

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

    Dec 9, 2011, 5:03 PM EDT

    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…

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

    Dec 9, 2011, 4:47 PM EDT

    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).…

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

    Dec 9, 2011, 4:07 PM EDT

    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…

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

    Dec 9, 2011, 3:58 PM EDT

    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?…

  18. Orlando Magic use amnesty clause to waive Gilbert Arenas

    Dec 9, 2011, 3:00 PM EDT

    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…

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

    Dec 9, 2011, 2:24 PM EDT

    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…

  20. David Stern releases statement on Chris Paul trade veto

    Dec 9, 2011, 1:30 PM EDT

    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…

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