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• Beasley signs with Heat

  Michael Beasley, the second overall selection of the 2008 NBA Draft, signed his first professional contract with the Miami Heat on Wednesday.

• Nets ink first two picks

  East Rutherford, NJ (Sports Network) - The New Jersey Nets signed their first two picks of the 2008 NBA Draft on Wednesday, including their top selection, Brook Lopez.

• Perkins undergoes surgery

  Boston Celtics center Kendrick Perkins underwent arthroscopic left shoulder surgery Wednesday.

• Sonics' Watson breaks thumb

  Seattle SuperSonics point guard Earl Watson fractured his right thumb and will have surgery Thursday in Los Angeles.

• Baron Davis on verge of signing with Clippers

  Baron Davis is on his way home.

• Report: Clippers reach verbal agreement with Baron Davis

  The Los Angeles Clippers have reportedly reached a verbal agreement with point guard Baron Davis on a deal in the range of five years and $50 million.

• Blazers sign international star

  The Portland Trail Blazers have reached an agreement to sign Spanish guard Rudy Fernandez.

• Report: Paul, Hornets reach long-term deal

  The New Orleans Hornets have reportedly reached an agreement with superstar point guard Chris Paul on a long-term contract extension.

• Wizards open talks with Arenas, praise Jamison

  

  AP Photo

  On Tuesday morning, Abe Pollin placed a call to free agent Gilbert Arenas, who was at a layover in Toronto on the way to China for a promotional trip on behalf of a shoe company.

• Davis among NBA free agents to watch

  The Washington Wizards wasted no time making their first major statement of the offseason, re-signing All-Star forward Antawn Jamison to a lucrative, multi-year contract on Tuesday.

• Calderon says he will stay with Toronto

  Toronto Raptors guard Jose Calderon said Tuesday he will remain with the club.

• Bobcats extend offers to Okafor, Hollins; bring back Davidson

  The Charlotte Bobcats extended qualifying offers to restricted free agents Emeka Okafor and Ryan Hollins, and picked up the 2008-09 option on the contract of forward Jermareo Davidson.

• Clippers say Brand and Maggette opt out

  Elton Brand and Corey Maggette have told the Los Angeles Clippers they will opt of the final year of their contracts and become free agents.

• Baron Davis opts out of contract with Warriors

  Golden State point guard Baron Davis elected to become a free agent Monday night, opting out of the final year of his contract with the Warriors in a surprise move.

• Lakers extend qualifying offers to Vujacic, Turiaf

  The Los Angeles Lakers have extended qualifying offers to restricted free agents, guard Sasha Vujacic and forward Ronny Turiaf.

• Timberwolves extend qualifying offer to Gomes

  The Minnesota Timberwolves extended qualifying offers to three restricted free agents forwards on Monday, including forward Ryan Gomes.

• Rockets extend qualifying offer to Landry

  The Houston Rockets extended a qualifying offer to restricted free agent forward Carl Landry on Sunday.

• NY prosecutors: Ref 'central' to NBA bet scandal

  

  AP Photo

  Disgraced NBA referee Tim Donaghy has exaggerated his cooperation in a gambling investigation in hopes of lessening his prison term and avoiding paying hefty restitution, prosecutors said in court papers filed Friday.

• Nuggets pick up Weems in three-team deal

  The Denver Nuggets picked up the draft rights to Arkansas swingman Sonny Weems from the Bulls in a three-team deal involving another player selected on Thursday night's draft and three picks in future drafts.

• Nets extend qualifying offer to Krstic

  The New Jersey Nets extended a qualifying offer to restricted free agent center Nenad Krstic on Friday.

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