Basketball | featured news

Allen Iverson is set to make his Grizzlies debut on Monday.

The New York Knicks have re-signed restricted free agents David Lee and Nate Robinson, two of their most popular and productive players.

Point guard Ricky Rubio will be staying in Spain for the next two seasons instead of coming to play for the Minnesota Timberwolves this fall, according to two published reports.

Quentin Richardson was traded for the fourth time since the end of last season, moving from the Minnesota Timberwolves to the Miami Heat on Thursday night in exchange for center Mark Blount.

Lakers center Pau Gasol had surgery on his left index finger after an injury during practice with Spain's national team. He will be sidelined at least three weeks.

Two-time All-Star Brandon Roy and the Portland Trail Blazers have agreed to a five-year contract extension, his agent says.

The Lakers reached a deal to re-sign free-agent forward Lamar Odom today, retaining an important, and versatile, part of last season's championship run. Odom says he wanted to stay in Los Angeles. His contract is reportedly worth $33 million over four years.

Two-time NBA Most Valuable Player Steve Nash notified the Phoenix Suns over the weekend that he is accepting the Suns' two-year extension offer worth an estimated $22 million, according to team sources.

The Houston Rockets are still hoping Yao Ming returns next season, but they have been able to cash in on his injury.

It appears that the Dallas Mavericks and Toronto Raptors have successfully recruited the Memphis Grizzlies to help them complete a trade that would eventually route free-agent swingman Shawn Marion to the Mavericks, according to NBA front-office sources.