Erick Dampier opted out of his contract. He will now be a free agent this summer.

TRADE: Houston trades Steve Francis, Cuttino Mobely and Kelvin Cato to the Magic for Tracy McGrady, Tyronn Lue, Juwon Howard and Reece Gaines.

Matt Carroll (SAS) was waived.

Washington: Drafted Devin Harris #5, Peter John Ramos #32. Traded the rights to Devon Harris #5, Jerry Stackhouse and Christian Laettner to the Mavericks for Antawn Jamison and $1 million.

Atlanta: Drafted Josh Childress #6, Josh Smith #17, Donta Smith #34, Royal Ivey #37, Viktor Sanikidze #42. Traded the rights to Viktor Sanikidze #42 to the Spurs for a future 2nd round pick and cash.

Boston: Drafted Al Jefferson #15, Delonte West #24, Tony Allen #25, Justin Reed #40.

Charlotte: Drafted Emeka Okafor #2, Bernard Robinson #45.

Chicago: Drafted Ben Gordon #3, Jackson Vroman #31, Chris Duhon #38. Traded the rights to Jackson Vroman #31, a future first round pick and $3 million to the Suns for the rights to Luol Deng #7.

Cleveland: Drafted Luke Jackson #10.

Dallas: Drafted Vassilis Spanoulis #50. Traded Antawn Jamison and $1 million to the Wizards for the rights to Devin Harris #5, Jerry Stackhouse and Christian Laettner. Traded a future 1st round pick to the Jazz for the rights to Pavel Podkolzine #21. Traded the rights to Vassilis Spanoulis #50 to Houston for the rights to Luis Flores #55 and cash.

Denver: Drafted Jameer Nelson #20. Traded the rights to Jameer Nelson #20 to the Magic for a future 1st round pick.

Detroit: Drafted Ricky Paulding #54.

Golden State: Drafted Andris Biedrins #11.

Houston: Drafted Luis Flores #55. Traded the rights to Luis Flores #55 and cash to the Mavs for the rights to Vassilis Spanoulis #50.

Indiana: Drafted David Harrison #29, Rashad Wright #59.

LA Clippers: Drafted Shaun Livingston #4, Lionel Chalmers #33.

LA Lakers: Drafted Sasha Vujacic #27, Marcus Douthit #56.

Memphis: Drafted Sergei Lishouk #49. Traded a future 2nd round pick and cash to the Sonics for the rights to Andre Emmett #35. Traded cash to the Magic for the rights to Antonio Burks #36.

Miami: Drafted Dorrell Wright #19, Pape Sow #47, Matt Freije #53. Traded the rights to Pape Sow #47 and a future 2nd round pick to the Raptors for the rights to Albert Miralles #39.

Minnesota: Drafted Blake Stepp #58.

New Jersey: Drafted Viktor Khryapa #22, Christian Drejer #51. Traded the rights to Viktor Khryapa #22 to the Blazers for Eddie Gill and cash.

New Orleans: Drafted J.R. Smith #18, Tim Pickett #44.

New York: Drafted Trevor Azia #43.

Orlando: Drafted Dwight Howard #1, Anderson Varejao #30, Antonio Burks #36. Traded a future 1st round pick to the Nuggets for the rights to Jameer Nelson #20. Traded the rights to Antonio Burks #36 to the Grizzlies for cash.

Philadelphia: Drafted Andre Iguodala #9.

Phoenix: Drafted Luol Deng #7. Traded the rights to Luol Deng #7 to the Bulls for the rights to Jackson Vroman #31, a future 1st round pick and $3 million.

Portland: Drafted Sebastian Telfair #13, Sergey Monya #23, Ha Seung-Jin #46. Traded Eddie Gill and cash to the Nets for the rights to Viktor Khryapa #22.

Sacramento: Drafted Kevin Martin #26,Ricky Minard #48.

San Antonio: Drafted Beno Udrih #28, Romain Sato #52, Sergei Karaulou #57. Traded a future 2nd round pick and cash to the Hawks for the rights to Viktor Sanikidze #42.

Seattle: Drafted Robert Swift #12, Andre Emmett #35, David Young #41. Traded the rights to Andre Emmett #35 to the Grizzlies for a future 2nd round pick and cash.

Toronto: Drafted Rafael Araujo #8, Albert Miralles #39. Traded the rights to Albert Miralles #39 to the Heat for the rights to Pape Sow #47 and a future 2nd round pick.

Utah: Drafted Kris Humphries #14, Kirk Snyder #16, Pavel Podkolzine #21. Traded the rights to Pavel Podkolzine #21 to the Mavs for a future 1st round pick.

TRADE: Charlotte traded Zaur Pachulia to Milwaukee for the #45 pick in the upcoming draft.

TRADE: The bobcats traded Aleksander Pavlovic to the Cavs for a future 1st round draft pick.

Derek Fisher (LAL) opted out of his contract and will be a free agent this summer.

Anthony Peeler (SAC) opted out of his contract and will be a free agent this summer.

TRADE: The Bobcats agreed to select Jahidi White in the expansion draft in exchange for a future 1st round pick and $3 million from Phoenix.

Gary Payton (LAL) exercised the player option in his contract. He is now guaranteed through the 2004-05 season.

The Charlotte Bobcats selected 19 players in the Expansion draft:. The following players are now under contract with the Bobcats: Primoz Brezec, Predrag Drobnjak, Brandon Hunter, Jason Kapono, Zaur Pachulia, Aleksander Pavlovic, Jamal Sampson, Theron Smith, Gerald Wallace and Jahidi White. The following players were restricted free agents who, after being picked by the Bobcats, are now unrestricted free agents: Lonny Baxter, Maurice Carter, Desmond Ferguson, Marcus Fizer, Richie Frahm, Tamar Slay, Jeff Trepagnier and Loren Woods.

TRADE: The Bobcats traded the #4 and the #33 pick in the upcoming rookie draft to the Clippers for the #2 pick. Charlotte also agrees to select Predrag Drobnjak from the Clippers in today's expansion draft.

Kobe Bryant (LAL) opted out of his contract. He will now be a free agent this summer.

Vladimir Stepania (POR) exercised the player option in his contract and is now guaranteed through the 2004-05 seaosn.

Alex Garcia (NOH) was claimned off waivers by New Orleans. His contract terms are transferred to the Hornets.

Karl Malone (LAL) opted out of his contract. He will now be a free agent this summer.

Bruce Bowen (SAS) opted out of his contract. He will now be a free agent this summer.

Robert Horry (SAS) had his team option refused by the Spurs. He will now be a free agent this summer.

Ryan Bowen (DEN) had his team option refused by the Nuggets. He will now bw a free agent this summer.

Alex Garcia (SAS) was waived.

Troy Hudson (MIN) Opted out of his contract. He will now be a free agent this summer