Toronto Raptors named Bryan Colangelo president and general manager.

Anthony Roberson and Lawrence Roberts were both assigned to the Arkansas Rim Rockers of the D-League by the Memphis Grizzlies .

Rick Brunson was waived by the Seattle Supersonics .

Phoenix Suns announced the resignation of Bryan Colangelo, general manager.

L.A. Lakers assigned G Von Wafer to Fort Worth of the NBA Development League.

Detroit Pistons assigned F Amir Johnson to Fayetteville of the NBA Development League.

Denver Nuggets assigned G Julius Hodge to Austin of the NBA Development League.

Atlanta Hawks waived G Tony Delk.

Cleveland Cavaliers signed Stephen Graham for the rest of the season.

Cleveland waived F Lee Nailon.

Orlando Magic waived Penny Hardaway.

Orlando Magic re-signed Bo Outlaw.

Washington Wizards signed Billy Thomas to a 10-day contract.

New Orleans Hornets acquired F Marc Jackson and F Linton Johnson III from New Jersey for F Bostjan Nachbar.

Philadelphia 76ers traded F Lee Nailon and a 2006 second-round draft pick to Cleveland for a conditional 2006 second-round draft pick

Portland Trail Blazers traded F Ruben Patterson and Charles Smith to Denver for G Voshon Lenard. Acquired F Brian Skinner from Sacramento for C Vitaly Potapenko and F Sergei Monia.

Seattle SuperSonics acquired G Earl Watson, F Bryon Russell and a second-round pick from Denver for F Reggie Evans. Traded C Vitaly Potapenko to Portland.

Cleveland Cavaliers acquired guard Flip Murray from the Seattle SuperSonics for guard Mike Wilks and cash considerations.

Orlando Magic traded G Steve Francis to New York for F Trevor Ariza and G Anfernee Hardaway.

Orlando Magic waived F Bo Outlaw.

Cleveland Cavaliers signed Stephen Graham to a second 10-day contract.

The Clippers signed Vin Baker for the rest of the season.

The Cavaliers signed Stephen Graham to a 2nd 10-Day Contract.

Orlando Magic acquired forward Darko Milicic and guard Carlos Arroyo from the Detroit Pistons for center Kelvin Cato and a future first-round pick.

L.A. Clippers acquired forward Vladimir Radmanovic from the Seattle SuperSonics in exchange for forward Chris Wilcox.

Houston Rockets acquired forward Maciej Lampe from the New Orleans Hornets for guard Moochie Norris.

Charlotte Bobcats acquired forward-center Lonny Baxter from the Houston Rockets for guard Keith Bogans.

Boston Celtics recalled center Dwayne Jones from Florida of the D-League.

Denver Nuggets assigned guard Julius Hodge to Austin of the D-League.

Detroit Pistons activated guard Lindsey Hunter from the inactive list; placed forward Jason Maxiell on the inactive list.

Chicago Bulls re-signed forward James Thomas to a 10-day contract.

Cleveland Cavaliers signed guard-forward Stephen Graham to a 10-day contract.

Seattle SuperSonics signed guard Mateen Cleaves to a 10-day contract.

Toronto Raptors Acquired forward-center Antonio Davis from the New York Knicks for guard-forward Jalen Rose, a 2006 first-round pick and an undisclosed amount of cash.

Utah Jazz Recalled guard C.J. miles from Albuquerque of the D-League.

Portland Trail Blazers Recalled guards Sergei Monia and Martell Webster from Forth Worth of the D-League.

Boston Celtics Recalled guard-forward Gerald Green from Fayetteville of the D-League.

Memphis Grizzlies Assigned forward Lawrence Roberts and guard Anthony Roberson to Arkansas of the D-League.

Cleveland Cavaliers recalled forward-center Martynas Andriuskevicius from Arkansas of the D-League.

Philadelphia 76ers signed center Zendon Hamilton to a 10-day contract.