NBA: Nets sign Outlaw; Bulls deal Hinrich
The New Jersey Nets reached an agreement in principle with free agent forward Travis Outlaw on Thursday. A person familiar with the negotiations said Outlaw got a five-year deal worth $35 million.
The New Jersey Nets reached an agreement in principle with free agent forward Travis Outlaw on Thursday.
A person familiar with the negotiations said Outlaw got a five-year deal worth $35 million.
Outlaw played 34 games with the Portland Trail Blazers and Los Angeles Clippers last season. He averaged 9.9 points and 3.5 rebounds with the Trail Blazers and 8.7 points and 3.6 rebounds with the Clippers.
The agreement is not even close to being one that would excite fans of a New Jersey team that won just 12 games last season.
Elsewhere. Guard Kirk Hinrich and first-round draft pick Kevin Seraphin have been traded to the Washington Wizards by Chicago in a swap that frees up salary space for the Bulls.
Chicago gets the rights to Vladimir Veremeenko, a 2006 second-round draft pick of the Wizards.
Joe Johnson has officially signed a six-year deal with Atlanta, giving the Hawks' four-time all-star an average of more than $20 million each year.
Brendan Haywood agreed Thursday to a $55 million, six-year contract that will keep him in Dallas. The Mavericks acquired the 7-footer from Washington as part of a blockbuster deal at the trade deadline last season.
The Oklahoma City Thunder have formally signed forward Kevin Durant to a multiyear contract extension. The team did not release terms, but Durant's spokeswoman said he would receive the maximum deal possible, $85 million over five years.
Guard Steve Blake has signed with the Los Angeles Lakers. Blake got a four-year contract worth $16 million from the defending NBA champions. He could be an important part of the Lakers' rotation next season, particularly if point guard Derek Fisher leaves as a free agent.
The Phoenix Suns locked up one of their top offseason priorities, signing center Channing Frye to a five-year deal.
Memphis forward Rudy Gay has signed a multiyear contract with the Grizzlies.
Amare Stoudemire is ready to lead the New York Knicks into what he calls the "start of a new era."
Stoudemire joined the Knicks on Thursday in what his agent says will be a sign-and-trade agreement with the Phoenix Suns.
The all-star power forward agreed to a deal Monday with the Knicks, who hope he is the piece that helps them start winning again after a franchise-worst nine straight losing seasons.
Stoudemire will still get a five-year contract, but will take a little less than the maximum allowed in the first year to provide the Knicks with additional salary cap space. By signing with the Suns first, he is entitled to larger raises, but the total value of the deal will still be about $100 million.
