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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.

What if a pharmaceutical company selling medication for a sexually transmitted disease decides they want the principle ad space on the NBA jersey?

The New Orleans Hornets have officially found a taker for Tyson Chandler in the Charlotte Bobcats. Emeka Okafor was dealt to the Hornets on Tuesday for Chandler in a deal involving 26-year-old centers.

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.

NBA scoring champion Dwyane Wade is changing shoes, making the switch from Converse to Nike's Jordan Brand.

The Los Angeles Lakers have retracted an offer to Lamar Odom, saying that talks to re-sign the free agent have stalled.

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.

The Boston Celtics have signed veteran forward Rasheed Wallace, one of this year's most coveted free agents.

Hedo Turkoglu has broken off talks with the Portland Trail Blazers and that there is no deal, according to The Oregonian.