Hoops News Blog

Intentionally vague during an important negotiation, Cleveland Cavaliers general manager Danny Ferry said Monday that the club has had ongoing talks with LeBron James' agent about a contract extension for the NBA's reigning MVP. The Cavaliers are believed to have offered James an extension of up to three years on July 18, the first day [...]

The Charlotte Bobcats are finalizing a trade that would send Emeka Okafor to the New Orleans Hornets for Tyson Chandler, two people familiar with the deal told The Associated Press on Monday. The swap of 26-year-old centers wasn't expected to be completed until Tuesday and was unlikely to include other players, the people said on [...]

Police say a 16-year-old boy has been charged in the shooting of former NBA and University of Memphis player Antonio Burks. Memphis police said Monday the teen is charged with accessory after the fact in the June 20 shooting. Deputy Chief Joe Scott said in a news release that "closure in the case is at [...]

Persons familiar with the deal say the Charlotte Bobcats are finalizing a trade that would send Emeka Okafor to the New Orleans Hornets for Tyson Chandler. The swap of centers could be completed later Monday, two people told The Associated Press on condition of anonymity because an official announcement has not been made.

Miami Heat guard Dwyane Wade is embroiled in a multimillion-dollar legal mess with former business partners that could prove costly for the NBA star. A deal to open a restaurant chain — D. Wade's Place — which Wade and a friend, Marcus Andrews, hoped would go nationwide barely got off the ground.

However desperate Luol Deng is to play at the Olympics, the Chicago Bulls forward won't jeopardize his fitness to help Britain ensure it clinches a spot at London 2012. The rehabilitation from a right-leg stress fracture that has kept Deng off the court since February is taking longer than expected.

Steve Nash thought about leaving the Phoenix Suns after this season. But after mulling other options, Nash realized there were no guarantees of winning an NBA championship elsewhere. So he agreed to a two-year, $22 million contract extension that will keep the two-time MVP point guard under contract with the Suns through the 2011-2012 season.

The Minnesota Timberwolves picked up point guard Chucky Atkins from Oklahoma City on Monday in exchange for veteran center Etan Thomas and four second-round draft picks next year. Minnesota also got Oklahoma City guard Damien Wilkins in the deal. Timberwolves president of basketball operations David Kahn, who has been busy reshaping the roster he inherited [...]

Steve Nash said Monday that it would be a pleasure to finish his career as a member of the Phoenix Suns. Nash thought about leaving the Suns after this season. After mulling other options, Nash realized there were no guarantees of winning an NBA championship elsewhere. So he agreed to a two-year, $22 million contract [...]

A source close to the negotiations tells The Associated Press that the Dallas Mavericks have reached an agreement with free agent big man Drew Gooden. The source, who did not wish to be identified because a contract hasn't been signed yet, said Monday that the deal is "verbally done." Gooden said on his Twitter page [...]