The Portland Trail Blazers acquired the draft rights to guard Jerryd Bayless (11th overall pick), and forward Ike Diogu from Indiana in exchange for Jarrett Jack, Josh McRoberts, the draft rights to Brandon Rush (13th overall pick) and cash considerations,

The Miami HEAT announced today that they have signed free agent guard/forward James Jones. Per club policy, terms of the deal were not disclosed.

The Indiana Pacers announced Wednesday two trades that bring seven new faces to the team. In a deal with Toronto, the Pacers acquired T.J. Ford, Rasho Nesterovic, Maceo Baston and Roy Hibbert (the 17th overall pick in June's NBA draft)

Gana Diop and J.J. Barea are back in the fold, as both signed contracts Wednesday with the Mavericks. The two fan favorites, who entered the offseason as free agents, inked their deals on the first day after the league moratorium.It's

The Golden State Warriors will sign high-scoring free agent Corey Maggette to a five-year contract worth around $50 million, a person with knowledge of the deal told The Associated Press on Tuesday night.

The National Basketball Association today announced that the Salary Cap for the 2008-09 season will be $58.680 million. The new Cap goes into effect immediately as the league's "moratorium period"has ended and teams can begin signing free agents and mak

First-round draft pick Joe Alexander signed a contract with the Milwaukee Bucks on Tuesday.

The Golden State Warriors will sign high-scoring free agent Corey Maggette to a five-year contract worth around $50 million, a person with knowledge of the deal told the Associated Press on Tuesday night.

The Toronto Raptors announced Tuesday they have signed free agent guard-forward Hassan Adams to a two-year contract. Per team policy, financial details were not disclosed. Adams attended the Raptors' free agent camp held June 20-22 at Air Canada Centre.

Charlotte Bobcats General Manager Rod Higgins announced Tuesday that the team has signed its first-round draft picks, D.J. Augustin and Alexis Ajinca. Per team policy, terms of the respective deals were not disclosed.

First-round draft pick O.J. Mayo signed a multiyear contract with the Memphis Grizzlies on Tuesday.

The Orlando Magic will sign Mickael Pietrus to a multiyear deal, Florida Today reported on its Web site Tuesday.

The Knicks signed first-round draft pick Danilo Gallinari on Tuesday and expect to have him ready to play in summer league games next week in Las Vegas.

The Philadelphia 76ers have apparently won the Elton Brand free-agent sweepstakes.

The 76ers have agreed to trade forward Rodney Carney and a future No. 1 pick to the Minnesota Timberwolves in a deal that clears salary cap space for Philadelphia to make a stronger push for free agents, two people in