The Boston Celtics acquired Kevin Garnett from the Minnesota Timberwolves for Ryan Gomes, Gerald Green, Al Jefferson, Theo Ratliff, Sebastian Telfair, the return to Minnesota of the future first round pick that was initially traded to Boston on 1/26/2006, and a future first round pick from Boston. Simultaneous with the trade, Kevin Garnett removed his ability to opt out after the 2007-2008 season and then signed a multi-year contract extension with the Boston Celtics which will begin in the 2009-2010 season.

The Memphis Grizzlies signed the #4 overall selection in the 2007 NBA Draft, Mike Conley, to a multi-year contract.

The Los Angeles Lakers signed free agent Coby Karl to a multi-year contract.

The New York Knicks signed the #23 overall selection in the 2007 NBA Draft, Wilson Chandler, to a multi-year contract.

The Chicago Bulls signed the #9 overall selection in the 2007 NBA Draft, Joakim Noah, to a multi-year contract.

The Chicago Bulls signed the #49 overall selection in the 2007 NBA Draft, Aaron Gray, to a multi-year contract.

The Miami Heat signed free agent Smush Parker to a multi-year contract.

The Boston Celtics placed Allan Ray on waivers.

The Charlotte Bobcats signed the #36 overall selection in the 2007 NBA Draft, Jermareo Davidson, to a multi-year contract.

The Sacramento Kings signed restricted free agent Justin Williams to a qualifying offer.

The Utah Jazz signed free agent Ronnie Price to a multi-year contract.

The Dallas Mavericks signed the #34 overall selection in the 2007 NBA Draft, Nick Fazekas, to a multi-year contract.

The Dallas Mavericks signed Brandon Bass to a multi-year contract.

The Milwaukee Bucks signed free agent Maurice Williams to a multi-year contract.

The Memphis Grizzlies signed free agent Casey Jacobsen to a contract.

The Los Angeles Lakers signed free agent Derek Fisher to a multi-year contract.

The Detroit Pistons signed Antonio McDyess to a multi-year contract extension which will begin in the 2008-2009 season.

The Indiana Pacers signed free agent Travis Diener to a multi-year contract.

The Milwaukee Bucks signed free agent Jake Voskuhl to a contract.

The Milwaukee Bucks signed free agent Desmond Mason to a multi-year contract.

The New Orleans Hornets signed free agent Morris Peterson to a multi-year contract.

The Sacramento Kings signed free agent Mikki Moore to a multi-year contract.

The San Antonio Spurs placed James White on waivers.

The Seattle Supersonics acquired Kurt Thomas, the Phoenix Suns ' own 2008 first round draft pick, and the Phoenix Suns ' own 2010 first round draft pick from the Phoenix Suns for a future conditional second round draft pick.

The Los Angeles Lakers signed free agent Chris Mihm to a multi-year contract.

The Golden State Warriors withdrew their qualifying offer to Josh Powell making him an unrestricted free agent.

The Charlotte Bobcats withdrew their qualifying offer to Alan Anderson making him an unrestricted free agent.

The Charlotte Bobcats picked up the 2008-2009 team option on Raymond Felton's contract.

The Charlotte Bobcats picked up the 2008-2009 team option on Sean May's contract.

The Charlotte Bobcats picked up the 2008-2009 team option on Adam Morrison's contract.

The Detroit Pistons signed the #57 overall selection in the 2007 NBA Draft, Sammy Mejia, to a multi-year contract.

The Indiana Pacers withdrew their qualifying offer to Rawle Marshall making him an unrestricted free agent.

The Milwaukee Bucks renounced their veteran free agent rights toward Reece Gaines.

The Milwaukee Bucks renounced their veteran free agent rights toward Jermaine Jackson.

The Milwaukee Bucks renounced their veteran free agent rights toward Ervin Johnson.

The Milwaukee Bucks renounced their veteran free agent rights toward Toni Kukoc.

The Milwaukee Bucks renounced their veteran free agent rights toward Jiri Welsch.

The Milwaukee Bucks renounced their veteran free agent rights toward Ruben Patterson.

The Milwaukee Bucks renounced their veteran free agent rights toward Brian Skinner.

The Milwaukee Bucks renounced their veteran free agent rights toward Jared Reiner.

The Milwaukee Bucks renounced their veteran free agent rights toward Earl Boykins.

The Milwaukee Bucks renounced their their 2007-2008 Mid-Level Exception.

The Milwaukee Bucks renounced their their 2007-2008 Bi-Annual Exception.

The Milwaukee Bucks renounced their Traded Players Exceptions.

The Houston Rockets signed free agent Steve Francis to a multi-year contract.

The Memphis Grizzlies signed free agent Andre Brown to a multi-year contract.

The Sacramento Kings withdrew their qualifying offer to Ronnie Price him an unrestricted free agent.

The Charlotte Bobcats signed free agent Gerald Wallace to a multi-year contract.

The Chicago Bulls signed free agent Andres Nocioni to a multi-year contract.

The Chicago Bulls signed free agent Joe Smith to a multi-year contract.

The Houston Rockets signed free agent Luis Scola to a multi-year contract.

The Portland Trailblazers signed free agent Travis Outlaw to a multi-year contract.

The San Antonio Spurs signed free agent Fabricio Oberto to a multi-year contract.

The Utah Jazz signed free agent Jason Hart to a multi-year contract.

The Charlotte Bobcats signed free agent Matt Carroll to a multi-year contract.

The New Jersey Nets signed free agent Jamaal Magloire to a contract.

The Golden State Warriors signed free agent Kelenna Azubuike to a multi-year contract.

The Detroit Pistons signed the #51 overall selection in the 2006 NBA Draft, Cheick Samb, to a multi-year contract.

The Houston Rockets signed free agent Mike Harris to a multi-year contract.

The Golden State Warriors signed the #18 overall selection in the 2007 NBA Draft, Marco Belinelli, to a four year contract with the third and fourth season at the team's option.

The Detroit Pistons signed free agent Amir Johnson to a multi-year contract.

The Memphis Grizzlies signed free agent Darko Milicic to a multi-year contract.

The Denver Nuggets signed free agent Chucky Atkins to a multi-year contract.

The Portland Trailblazers signed free agent Steve Blake to a multi-year contract.

The Washington Wizards signed free agent DeShawn Stevenson to a multi-year contract.

The Memphis Grizzlies renounced their veteran free agent rights toward Mahmoud Abdul-Rauf.

The Memphis Grizzlies renounced their veteran free agent rights toward Mike Batiste.

The Memphis Grizzlies renounced their veteran free agent rights toward Antoine Carr.

The Memphis Grizzlies renounced their veteran free agent rights toward Kevin Edwards.

The Memphis Grizzlies renounced their veteran free agent rights toward Antonis Fotsis.

The Memphis Grizzlies renounced their veteran free agent rights toward Dahntay Jones.

The Memphis Grizzlies renounced their veteran free agent rights toward Will Solomon.

The Memphis Grizzlies renounced their veteran free agent rights toward Doug West.

The Memphis Grizzlies renounced their their 2007-2008 Mid-Level Exception.

The Memphis Grizzlies renounced their their 2007-2008 Bi-Annual Exception.

The Memphis Grizzlies renounced their Traded Players Exceptions.

The Memphis Grizzlies renounced their veteran free agent rights toward Junior Harrington.

The Memphis Grizzlies renounced their veteran free agent rights toward Lawrence Roberts.

The New Jersey Nets placed Hassan Adams on waivers.

The New Jersey Nets placed Clifford Robinson on waivers.

The Dallas Mavericks signed free agent Jerry Stackhouse to a multi-year contract.

The New Jersey Nets signed free agent Vince Carter to a multi-year contract.

The Memphis Grizzlies placed Alexander Johnson on waivers.

The San Antonio Spurs signed free agent Matt Bonner to a multi-year contract.

The Dallas Mavericks signed free agent Devean George to a contract.

The Houston Rockets acquired Jackie Butler and the draft rights to the #56 pick in the 2002 NBA Draft, Luis Scola, from the San Antonio Spurs for Vassilis Spanoulis, a future second round draft pick, and cash.

The Utah Jazz placed Derek Fisher on waivers.

The Los Angeles Lakers signed free agent Luke Walton to a multi-year contract.

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

The San Antonio Spurs signed free agent Jacque Vaughn to a multi-year contract.

The Portland Trailblazers acquired James Jones and the draft rights to the #24 pick in the 2007 NBA Draft, Rudy Fernandez, from the Phoenix Suns for cash.

The Philadelphia 76ers signed the #12 overall selection in the 2007 NBA Draft, Thaddeus Young, to a four year contract with the third and fourth season at the team's option.

The Orlando Magic renounced their veteran free agent rights toward Darko Milicic.

The Orlando Magic renounced their veteran free agent rights toward Grant Hill.

The Orlando Magic renounced their veteran free agent rights toward Andrew DeClercq.

The Orlando Magic renounced their veteran free agent rights toward Stacey Augmon.

The Orlando Magic renounced their veteran free agent rights toward Jaren Jackson.

The Orlando Magic renounced their veteran free agent rights toward Mark Jones.

The Orlando Magic renounced their veteran free agent rights toward Shawn Kemp.

The Orlando Magic renounced their veteran free agent rights toward Sean Rooks.

The Orlando Magic renounced their veteran free agent rights toward Bo Outlaw.

The Orlando Magic renounced their veteran free agent rights toward Olumide Oyedeji.

The Orlando Magic renounced their their 2007-2008 Mid-Level Exception.

The Orlando Magic renounced their their 2007-2008 Bi-Annual Exception.

The Phoenix Suns signed free agent Grant Hill to a multi-year contract.

The Phoenix Suns signed free agent Sean Marks to a contract.

The Philadelphia 76ers signed the #20 overall selection in the 2007 NBA Draft, Jason Smith, to a four year contract with the third and fourth season at the team's option.

The Detroit Pistons signed free agent Chauncey Billups to a multi-year contract.

The Toronto Raptors signed restricted free agent Maceo Baston to a multi-year Offer Sheet. Indiana now has 7 days to match in order to retain Maceo Basrton or to allow the the Offer Sheet to become a contract between the Toronto Raptors and Maceo Baston.

The Toronto Raptors signed free agent Jason Kapono to a multi-year contract.

The Orlando Magic withdrew their qualifying offer to Mario Kasun making him an unrestricted free agent. Further, the Orlando Magic then renounced their veteran free agent rights toward Mario Kasun.

The Travis Diener withdrew their qualifying offer to Mario Kasun making him an unrestricted free agent. Further, the Orlando Magic then renounced their veteran free agent rights toward Travis Diener.

The Orlando Magic acquired free agent Rashard Lewis in a sign & trade transaction from the Seattle Supersonics for a future 2nd round draft pick.

The Portland Trailblazers placed Steve Francis on waivers.

The Minnesota Timberwolves signed the #7 overall selection in the 2007 NBA Draft, Corey Brewer, to a four year contract with the third and fourth season at the team's option.

The Atlanta Hawks signed the #3 overall selection in the 2007 NBA Draft, Al Horford, to a four year contract with the third and fourth season at the team's option.

The Atlanta Hawks signed the #11 overall selection in the 2007 NBA Draft, Acie Law, to a four year contract with the third and fourth season at the team's option.

The New Jersey Nets signed the #17 overall selection in the 2007 NBA Draft, Sean Williams, to a four year contract with the third and fourth season at the team's option.

The Houston Rockets signed the #26 overall selection in the 2007 NBA Draft, Aaron Brooks, to a four year contract with the third and fourth season at the team's option.

The Phoenix Suns signed the #29 overall selection in the 2007 NBA Draft, Alando Tucker, to a four year contract with the third and fourth season at the team's option.

The New Orleans Hornets signed the #43 overall selection in the 2007 NBA Draft, Adam Haluska, to a multi-year contract.

The New Orleans Hornets signed the #13 overall selection in the 2007 NBA Draft, Julian Wright, to a four year contract with the third and fourth season at the team's option.

The Golden State Warriors signed the #8 overall selection in the 2007 NBA Draft, Brandan Wright, to a four year contract with the third and fourth season at the team's option.

The Utah Jazz signed the #25 overall selection in the 2007 NBA Draft, Morris Almond, to a four year contract with the third and fourth season at the team's option.

The Detroit Pistons signed the #27 overall selection in the 2007 NBA Draft, Arron Afflalo, to a four year contract with the third and fourth season at the team's option.

The Detroit Pistons signed the #15 overall selection in the 2007 NBA Draft, Rodney Stuckey, to a four year contract with the third and fourth season at the team's option.

The Miami Heat signed the #21 overall selection in the 2007 NBA Draft, Daequan Cook, to a four year contract with the third and fourth season at the team's option.

The Washington Wizards signed the #18 overall selection in the 2006 NBA Draft, Oleksiy Pecherov, to a four year contract with the third and fourth season at the team's option.

The Washington Wizards signed the #16 overall selection in the 2007 NBA Draft, Nick Young, to a four year contract with the third and fourth season at the team's option.

The Los Angeles Clippers signed the #14 overall selection in the 2007 NBA Draft, Al Thornton, to a four year contract with the third and fourth season at the team's option.

The Sacramento Kings signed the #10 overall selection in the 2007 NBA Draft, Spencer Hawes, to a four year contract with the third and fourth season at the team's option.

The Miami Heat signed free agent Jeremy Richardson to a multi-year contract.

The Miami Heat signed free agent Joel Anthony to a multi-year contract.

The Miami Heat signed free agent Marcus Slaughter to a multi-year contract.

The Sacramento Kings signed free agent Mustafa Shakur to a contract.

The Seattle Supersonics signed the #2 overall selection in the 2007 NBA Draft, Kevin Durant, to a four year contract with the third and fourth season at the team's option.

The Seattle Supersonics signed the #5 overall selection in the 2007 NBA Draft, Jeff Green, to a four year contract with the third and fourth season at the team's option.

The Charlotte Bobcats signed the #22 overall selection in the 2007 NBA Draft, Jared Dudley, to a four year contract with the third and fourth season at the team's option.

The Orlando Magic withdrew their qualifying offer to Darko Milicic making him an unrestricted free agent.

The Los Angeles Lakers signed the #19 overall selection in the 2007 NBA Draft, Javaris Crittenton, to a four year contract with the third and fourth season at the team's option.

The Indiana Pacers signed free agent Stephen Graham to a multi-year contract.

The Indiana Pacers signed free agent Kareem Rush to a contract.

The Indiana Pacers signed free agent Andre Owens to a contract.

The Portland Trailblazers signed the #1 overall selection in the 2007 NBA Draft, Greg Oden, to a four year contract with the third and fourth season at the team's option.

The Portland Trailblazers signed the #52 overall selection in the 2007 NBA Draft, Taurean Green, to a multi-year contract.

The Portland Trailblazers signed the #37 overall selection in the 2007 NBA Draft, Josh McRoberts, to a multi-year contract.