The Houston Rockets picked up the 2008-2009 team option on Luther Head's contract.

The Minnesota Timberwolves picked up the 2008-2009 team option on Randy Foye's contract.

The Minnesota Timberwolves picked up the 2008-2009 team option on Rashad McCants's contract.

The Golden State Warriors declined to pick up the 2008-2009 team option on Patrick O'Bryant's contract.

The Cleveland Cavaliers declined to pick up the 2008-2009 team option on Shannon Brown's contract.

The Cleveland Cavaliers picked up the 2008-2009 team option on Cedric Simmons' contract.

The Cleveland Cavaliers placed Anthony Toliver on waivers.

The Minnesota Timberwolves declined to pick up the 2008-2009 team option on Gerald Green's contract.

The Minnesota Timberwolves signed Al Jefferson to a multi-year contract extension which will begin in the 2008-2009 season.

The Toronto Raptors signed Kris Humphries to a multi-year contract extension which will begin in the 2008-2009 season.

The Orlando Magic signed Jameer Nelson to a multi-year contract extension which will begin in the 2008-2009 season.

The Philadelphia 76ers picked up the 2008-2009 team option on Rodney Carney's contract.

The Portland Trailblazers picked up the 2008-2009 team option on LaMarcus Aldridge's contract.

The Portland Trailblazers picked up the 2008-2009 team option on Brandon Roy's contract.

The Portland Trailblazers picked up the 2008-2009 team option on Sergio Rodriguez's contract.

The Portland Trailblazers picked up the 2008-2009 team option on Jarrett Jack's contract.

The Portland Trailblazers picked up the 2008-2009 team option on Channing Frye's contract.

The Portland Trailblazers picked up the 2008-2009 team option on Martell Webster's contract.

The Dallas Mavericks placed DJ Mbenga on waivers.

The Boston Celtics picked up the 2008-2009 team option on Rajon Rondo's contract

The Dallas Mavericks picked up the 2008-2009 team option on Maurice Ager's contract.

The New Orleans Hornets picked up the 2008-2009 team option on Hilton Armstrong's contract.

The Utah Jazz picked up the 2008-2009 team option on Deron Williams' contract.

The New Jersey Nets picked up the 2008-2009 team option on Marcus Williams' contract.

The New Jersey Nets picked up the 2008-2009 team option on Josh Boone's contract.

The New Jersey Nets acquired David Wesley from the New Orleans Hornets for Mile Ilic, Bernard Robinson, and cash.

The Miami Heat placed Brian Chase on waivers.

The Miami Heat placed Jeremy Richardson on waivers.

The Miami Heat placed Devin Green on waivers.

The Miami Heat placed Marcus Slaughter on waivers.

The Houston Rockets placed Bob Sura on waivers.

The Houston Rockets placed John Lucas on waivers.

The Minnesota Timberwolves placed Juwan Howard on waivers.

The Houston Rockets placed Justin Reed on waivers.

The Houston Rockets placed Jackie Butler on waivers.

The Detroit Pistons placed Sammy Mejia on waivers.

The New Orleans Hornets placed Bernard Robinson on waivers.

The New Orleans Hornets placed Mile Ilic on waivers.

The Cleveland Cavaliers placed Noel Felix on waivers.

The Denver Nuggets picked up the 2008-2009 team option on Linas Kleiza's contract.

The Toronto Raptors picked up the 2008-2009 team option on Joey Graham's contract.

The Minnesota Timberwolves placed Wayne Simien on waivers.

The Cleveland Cavaliers acquired Demetris Nichols off of waivers.

The Toronto Raptors placed Luke Jackson on waivers.

The New Orleans Hornets picked up the 2008-2009 team option on Chris Paul's contract.

The Minnesota Timberwolves acquired Beno Udrih from the San Antonio Spurs for a conditional 2008 second round draft pick and cash.

The Minnesota Timberwolves placed Beno Udrih on waivers.

The L.A. Lakers picked up the 2008-2009 team option on Andrew Bynum's contract.

The L.A. Lakers picked up the 2008-2009 team option on Jordan Farmar's contract.

The Indiana Pacers signed free agent Courtney Sims to a contract

The New York Knicks picked up the 2008-2009 team option on Nate Robinson's contract.

The New York Knicks picked up the 2008-2009 team option on David Lee's contract.

The New York Knicks picked up the 2008-2009 team option on Mardy Collins' contract.

The New York Knicks picked up the 2008-2009 team option on Renaldo Balkman's contract.

The San Antonio Spurs placed Marcus E. Williams on waivers.

The Denver Nuggets signed free agent Mike Wilks to a contract.

The New Jersey Nets declined to pick up the 2008-2009 team option on Antoine Wright's contract.

The Seattle Supersonics picked up the 2008-2009 team option on Johan Petro's contract.

The Seattle Supersonics picked up the 2008-2009 team option on Mouhamed Sene's contract.

The Utah Jazz picked up the 2008-2009 team option on Ronnie Brewer's contract.

The Boston Celtics placed Dahntay Jones on waivers.

The L.A. Clippers placed Yaroslav Korolev on waivers.

The L.A. Clippers placed Guillermo Diaz on waivers.

The Memphis Grizzlies picked up the 2008-2009 team option on Kyle Lowry's contract.

The Memphis Grizzlies picked up the 2008-2009 team option on Rudy Gay's contract.

The Memphis Grizzlies picked up the 2008-2009 team option on Hakim Warrick's contract.

The New York Knicks placed Demetris Nichols on waivers.

The New York Knicks placed Jared Jordan on waivers.

The Orlando Magic placed Kevin Kruger on waivers.

The Miami Heat acquired Ricky Davis and Mark Blount from the Minnesota Timberwolves for Antoine Walker, Wayne Simien, Michael Doleac, and a conditional future first round draft pick.

The Washington Wizards placed Mike Hall on waivers.

The L.A. Lakers placed Larry Turner on waivers.

The Denver Nuggets placed Stacey Augmon on waivers.

The Denver Nuggets placed Jelani McCoy on waivers.

The Chicago Bulls placed Andre Barrett on waivers.

The Houston Rockets placed Mike Harris on waivers.

The Philadelphia 76ers placed Derrick Byars on waivers.

The Washington Wizards placed Donell Taylor on waivers.

The Golden State Warriors placed Pat Burke on waivers.

The Chicago Bulls picked up the 2008-2009 team option on Tyrus Thomas' contract.

The Chicago Bulls picked up the 2008-2009 team option on Thabo Sefolosha's contract.

The Boston Celtics placed Esteban Batista on waivers.

The Golden State Warriors placed Carlos Powell on waivers.

The Indiana Pacers picked up the 2008-2009 team option on Ike Diogu's contract.

The Indiana Pacers picked up the 2008-2009 team option on Danny Granger's contract.

The Indiana Pacers picked up the 2008-2009 team option on Shawne Williams' contract.

The New Jersey Nets signed free agent Darrell Armstrong to a contract.

The Toronto Raptors picked up the 2008-2009 team option on Andrea Bargnani's contract.

The San Antonio Spurs signed Bruce Bowen to a multi-year contract extension which will begin in the 2008-2009 season.

The Denver Nuggets signed free agent Stacey Augmon to a contract.

The L.A. Clippers signed free agent Dan Dickau to a contract.

The Chicago Bulls signed restricted free agent Andre Barrett to a qualifying offer.

The Cleveland Cavaliers signed free agent Noel Felix to a multi-year contract.

The L.A. Clippers signed free agent Yaroslav Korolev to a contract.

The New York Knicks placed Dan Dickau on waivers.

The Cleveland Cavaliers signed free agent Dwayne Jones to a contract.

The San Antonio Spurs signed free agent Darius Washington to a multi-year contract.

The Cleveland Cavaliers signed free agent Anthony Toliver to a contract.

The Orlando Magic signed free agent Bo Outlaw to a contract

The Chicago Bulls signed free agent Thomas Gardner to a contract.

The Orlando Magic signed free agent Kevin Kruger to a contract

The Cleveland Cavaliers acquired Cedric Simmons from the New Orleans Hornets for David Wesley.

The Orlando Magic picked up the 2008-2009 team option on J.J. Redick's contract.

The New York Knicks acquired the draft rights to the #45 pick in the 2007 NBA Draft, Jared Jordan from the L.A. Clippers in return for cash.

The Detroit Pistons picked up the 2008-2009 team option on Jason Maxiell's contract.

The Dallas Mavericks acquired Trenton Hassell from the Minnesota Timberwolves for Greg Buckner.

The Charlotte Bobcats signed free agent Derek Anderson to a contract.

The Denver Nuggets signed free agent Jelani McCoy to a contract.

The Golden State Warriors signed restricted free agent Mickael Pietrus to a qualifying offer.

The Golden State Warriors signed free agent Pat Burke to a contract.

The Houston Rockets signed the #31 pick in the 2007 NBA Draft, Carl Landry, to a contract.

The Houston Rockets signed free agent Dikembe Mutombo to a contract.

The Indiana Pacers placed Darrell Armstrong on waivers.

The New Orleans Hornets signed free agent Ryan Bowen to a contract.

The New York Knicks signed the #45 pick in the 2007 NBA Draft, Jared Jordan, to a contract.

The Utah Jazz signed restricted free agent CJ Miles to a qualifying offer.

The New York Knicks signed the #53 pick in the 2007 NBA Draft, Demetris Nichols, to a contract.

The Atlanta Hawks signed free agent Mario West to a contract.