Updates for the day.
Wolves/Lynx
- Danny Chau wrote a nice piece on Alexey Shved for A Wolf Among Wolves
- According to Chris Tomasson, the Minnesota Timberwolves have made an offer to John Lucas III
- The Minnesota Lynx snapped a three-game losing streak with a 107-86 win over the Tulsa Shock. The Lynx set a WNBA record by shooting 69.5 percent from the floor, topping the previous mark of 65.4 percent (LA Sparks)
- The Oregonian's Joe Freeman on the Batum saga
Player Movement
- Deron Williams officially signed his five-year, $98 million contract (with an opt-out after 4 years)...on an iPad
- The NBA salary cap for the 2012-13 season was set at $58.044 million, and the luxury tax level is at $70.307 million
- Blake Griffin signed a five-year extension with the Clippers
- Tim Duncan signed a three-year, $36 million extension with the Spurs
- Rashard Lewis agreed to a two-year, $2.8 million contract with the Miami Heat
- Lou Williams signed with the Atlanta Hawks. The Hawks reportedly used their mid-level exception to sign Williams
- The Golden State Warriors traded Dorell Wright to the Philadelphia 76ers in exchange for a $4.1 million trade exception and the rights to Edin Bavcic
- Eric Gordon will still sign a four-year, $58 million offer sheet with Phoenix, despite claims from New Orleans that they will match
- The Rockets continue to pursue Dwight Howard