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He said Tuesday that he likely will opt out of his contract after the season to become a free agent, signaling the end of his six-year, $39-million deal with the Magic.

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Philadelphia 76ers reserve center Jason Smith will have surgery Wednesday to repair the torn ACL in his left knee, according to a published report Monday.

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New Orleans Hornets Coach Byron Scott said he plans to handle Chris Paul with care throughout training camp and the preseason to avoid overworking him.  

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The Portland Trail Blazers announced today that center/forward Raef LaFrentz will undergo arthroscopic surgery on Friday, September 26 to repair a tear in the labrum of his right shoulder.

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Baltimore native and three-time NBA champion Sam Cassell said yesterday that he plans to become an assistant coach with the Boston Celtics after playing one more season. A guard who was part of the Celtics' title run this past season, Cassell, 38, told a reporter about his plans shortly before speaking at a City Hall news conference.

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Portland Trail Blazers forward Channing Frye will likely miss the start of the regular season after having surgery to remove bone spurs from his left ankle.

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The Miami HEAT announced today that they have signed free agent center Jamaal Magloire. Per team policy, terms of the deal were not disclosed.

“We are very fortunate to be able to come to terms with Jamaal Magloire,” said HEAT President Pat Riley. “We feel that he will dramatically support our post position. He is an excellent rebounder with a big body. On the defensive end he will plug up the paint and the offensive end he can score. We feel that this is definitely the right place for him to re-energize his career.”

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The New York Knickerbockers President of Basketball Operations Donnie Walsh announced today that forward Patrick Ewing, Jr. has been acquired from Houston for the draft rights to center Frederic Weis.

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The Los Angeles Lakers have signed Sun Yue to a multi-year contract, it was announced today. Per team policy, terms of the agreement were not released.

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The Phoenix Suns announced today that the club has acquired rookie guard Sean Singletary from the Houston Rockets in exchange for guard D.J. Strawberry.

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The Denver Nuggets have re-signed guard J.R. Smith to a multi-year contract, Nuggets Vice President of Basketball Operations Mark Warkentien announced today. Per team policy, terms of the deal were not released.

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The Boston Celtics announced today that they have signed free agent forward Darius Miles. Per team policy, terms of the deal were not disclosed.

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The Oklahoma City NBA franchise announced today that the team has waived forward Donyell Marshall

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Theo Ratliff, 35, a veteran of 13 NBA seasons, has sifted through four offers and settled on rejoining the Sixers on a 1-year contract, according to a source familiar with the situation.

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The Sacramento Kings today acquired Donté Greene, Bobby Jackson, a future first round draft pick and other considerations from the Houston Rockets in exchange for Ron Artest, Sean Singletary and Patrick Ewing, Jr., it was announced by Kings’ President of Basketball Operations Geoff Petrie.

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