Hoops News Blog

The Portland Trail Blazers have exercised their option on coach Nate McMillan's contract, extending it through the 2010-11 season. McMillan led the Blazers to a 54-28 record last season and their first appearance in the playoffs since 2003. It was the sixth-best record in franchise history. McMillan, 44, was just the second NBA coach to [...]

The Sacramento Kings have signed Israeli forward Omri Casspi, their second first-round pick last month. Casspi was the 23rd overall pick by the Kings, who signed fourth overall pick Tyreke Evans earlier in the week. Casspi, the first player from Israel to be drafted in the NBA's first round, is a 21-year-old with a slashing [...]

The Utah Jazz and center Mehmet Okur have agreed on a two-year contract extension that runs through 2012. Okur is entering the last year of the original deal he signed with Utah as a free agent in 2004. He could have opted out of the final season, but decided on the final day to stay [...]

The Minnesota Timberwolves have signed first-round draft picks Jonny Flynn and Wayne Ellington. The team announced the deals Friday. NBA rookie contracts are dictated by draft position, so Flynn will earn at least $2.47 million next season as the No. 6 overall pick and Ellington at least $836,000 as the No.

Even when he opted to become a free agent, Anderson Varejao thought his best option was to remain a Cleveland Cavalier. Less than a month after declining an option year on his contract, Varejao signed a six-year deal that could pay him $50 million with incentives, but averages closer to $7 million annually.

Brandon Bass is going from backing up Dirk Nowitzki to likely starting next to Dwight Howard. Bass agreed Friday to sign with the Orlando Magic, according to a person with knowledge of the decision. The person was granted anonymity because the Magic had not made an announcement. NBA.com, which first reported the signing, said it [...]

Brandon Bass is going from backing up Dirk Nowitzki to likely starting next to Dwight Howard. Bass agreed Friday to sign with the Orlando Magic, according to a person with knowledge of the decision. The person was granted anonymity because the Magic had not made an announcement. NBA.com, which first reported the signing, said it [...]

First-round draft pick Earl Clark has signed a contract with the Phoenix Suns. Terms of the deal were not disclosed Friday, but under the NBA rookie salary scale Clark could make about $1.47 million in his first year as the 14th overall pick. The 6-foot-9, 225-pound forward averaged a team-best 14.2 points and team-leading 8.7 [...]

The Memphis Grizzlies have waived Jerry Stackhouse, just a day after acquiring the NBA veteran in a four-team, eight-player trade. General Manager and Vice President of Basketball Operations Chris Wallace announced the move Friday after Thursday's blockbuster deal involving the Grizzlies, Dallas Mavericks, Toronto Raptors and Orlando Magic.

Grant Hill is staying with the Phoenix Suns. His agent, Lon Babby, said on Friday that Hill decided to remain in Phoenix rather than sign with the Boston Celtics or New York Knicks. Babby said during a conference call that the deal is for two years, the second at Hill's option, and he will be [...]