NBA News
Chris Paul Set to Sign $68 Million Deal to Stay in New Orleans | Chris Paul and the New Orleans Hornets reached a contract agreement Thursday that could keep the All-Star point guard with the team for at least the next four seasons. Lance Young, Paul's agent, said Paul agreed to a three-year extension with a player's option for a fourth year. The total value of the deal is $68 million. Paul, who recently completed his third NBA season and has been selected (...) [+]
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Gilbert Arenas Agrees to $111 Million Contract | Gilbert Arenas is accepting less money from the Washington Wizards, invoking an attitude far, far removed from the world of his working-class fans. "What can I do for my family with $127 million that I can't do with $111 million?" he told The Washington Post. The unpredictable three-time All-Star point guard, in vintage Agent Zero fashion, told the Post and the Washington Times on (...) [+]
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The NBA Officially Leaves Seattle | Clay Bennett finally found a dollar amount that would sever his contentious relationship with the city of Seattle — $75 million. As a result, the SuperSonics are headed to Oklahoma City with Bennett leading the way, leaving behind the team name, colors and 41 years of history. Oklahoma City will have an NBA franchise for the 2008-09 season after a settlement announced Wednesday between the (...) [+]
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