Nets, Hawks Finalize Joe Johnson Deal

JULY 11, 5:03pm: The deal is now official, according to a press release by the Nets.

JULY 11, 4:40pm: Nets GM Billy King posted "Welcome Joe Johnson" on his Twitter account, presumably meaning the trade has been finalized.

JULY 2, 4:51pm: DeShawn Stevenson's sign-and-trade deal that puts him on the Hawks is for three years and $6.9MM, but only the first year, at $2.3MM, is guaranteed, Chad Ford of ESPN.com reports via Twitter

4:39pm: Wojnarowski now says the deal likely happens regardless of where Deron Williams signs (Twitter link).

4:18pm: The Nets and Hawks have agreed to terms on a trade that would send Joe Johnson to Brooklyn, tweets Chris Broussard of ESPN.com, who says the deal is contingent on Deron Williams agreeing to return to the Nets. However, David Aldridge of TNT says the Nets would agree to the deal regardless of Williams' status (Twitter link). Broussard adds that the deal would put the Nets out of the running of Dwight Howard, as it wouldn't leave enough cap room.

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Cavaliers Re-Sign Luke Harangody

JULY 11, 4:56pm: The Cavs and Harangody have made the signing official, according to Jason Lloyd of the Akron Beacon Journal (Twitter link).

JULY 3, 9:29pm: Cavaliers forward Luke Harangody signed his $1.1MM qualifying offer to stay with the team, tweets Yahoo! Sports columnist Adrian Wojnarowski. In 21 games last season, the 24-year-old averaged 2.9PPG and 2.5RPG. Harangody was acquired by the Cavaliers in a trade from Boston at last year's trade deadline. 

Thunder Sign Hollis Thompson

The Thunder have signed Hollis Thompson to a three-year deal, agent Seth Cohen tells Bobby Bancroft of 106.7 The Fan (Twitter link). Darnell Mayberry of the Oklahoman confirms the agreement, writing that Thompson will receive a partially-guaranteed contract worth the rookie minimum (about $473K) for 2012/13.

Thompson, a 6'8" junior out of Georgetown, went undrafted in June, but quickly found a spot at the back of the Thunder's roster. The 21-year-old becomes the 15th player under contract for next season for Oklahoma City, meaning players like Derek Fisher, Royal Ivey, and Nazr Mohammed almost certainly won't be back.

Jeremy Evans Re-Signs With Jazz

WEDNESDAY, 2:02pm: The Jazz have officially re-signed Evans, according to a team release.

THURSDAY, 7:01pm: Jeremy Evans has agreed to terms with the Jazz on a three-year, $5.5MM deal, reports David Aldridge of NBA.com (on Twitter). The forward was a restricted free agent but decided to remain with Utah after spending the first two seasons of his career in Salt Lake City. Evans, 24, averaged 2.1 PPG and 1.7 RPG in 29 games during the 2012 season. The former second-round pick won the 2012 NBA Slam Dunk Contest during All-Star Weekend in Orlando.

Bucks Sign Doron Lamb

The Bucks have signed second-round pick Doron Lamb, according to the Bucks' PR Twitter feed, which attached of Lamb signing his contract.

Lamb was the 42nd-overall pick in the 2012 draft, and will likely receive the rookie minimum from Milwaukee. According to Charles F. Gardner of the Milwaukee Journal Sentinel (Twitter link), the deal is for three years, though I would guess it's mostly non-guaranteed.

76ers Re-Sign Lavoy Allen To Two-Year Deal

JULY 11TH: The Sixers have officially re-signed Allen, the team announced in a press release.

JULY 1ST: The 76ers have reached an agreement in principle on a two-year, $6MM-plus extension with Lavoy Allen, league sources told Adrian Wojnarowski of Yahoo Sports (via Twitter).  Philadelphia tendered Allen a qualifying offer on Friday worth roughly $962K.

The 6'9", 225-pound forward averaged 4.1 PPG and 4.2 RPG in just a shade over 15 minutes per contest in 2011/12.  Injuries led to him being called upon to start in 15 games as a rookie and played roughly 20 minutes a night during the postseason.

Thunder Sign Hasheem Thabeet

JULY 11TH: The Thunder have officially signed Thabeet, according to a team release.

JULY 4TH: The Oklahoma City Thunder have agreed to sign center Hasheem Thabeet to a two-year deal, according to Marc J. Spears of Yahoo! Sports (via Twitter). According to Darnell Mayberry of the Oklahoman, the contract is fully guaranteed for both seasons.

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Nuggets Sign Evan Fournier

The Nuggets have officially signed first-round pick Evan Fournier to a rookie scale contract, according to a team release. While most first-round signings are merely a formality, Fournier's deal is notable since it means the 19-year-old guard will join the Nuggets immediately rather than continuing to play overseas.

As the 20th overall pick, Fournier is eligible to sign for a first-year salary of up to about $1.36MM.

Nuggets Re-Sign Andre Miller

JULY 11TH: The Nuggets have confirmed in a press release that the team has officially re-signed Miller.

JULY 1ST: The Nuggets have agreed to re-sign guard Andre Miller to a three-year deal, sources tell Marc J. Spears of Yahoo Sports (via Twitter).  Terms of the deal have not yet been disclosed.

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Nets Sign Gerald Wallace To Four-Year Deal

JULY 11TH, 12:08pm: The Nets have officially re-signed Wallace, the team announced today (via Twitter).

JULY 1ST, 10:34am: A source tells Howard Beck of the New York Times that all four years of Wallace's contract will be guaranteed (Twitter link).

9:30am: The Nets will sign Wallace for four years and $40MM, tweets Fred Kerber of the New York Post. Adrian Wojnarowski of Yahoo! Sports confirms that the two sides have reached an agreement (Twitter link).

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