Bobcats, Pistons Swap Maggette For Ben Gordon

Adrian Wojnarowski of Yahoo Sports tweeted that the Bobcats have acquired Ben Gordon and a lottery-protected first round pick from the Pistons in exchange for Corey Maggette. According to a tweet by David Aldridge of NBA.com, the conditional first-round pick will be lottery protected in 2013, top-eight protected in 2014, first pick-protected in 2015, and unprotected in 2016. Detroit will also receive a trade exception of about $1.3MM in the deal.

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Warriors Extend Qualifying Offer To Brandon Rush

The Warriors have officially tendered a one-year qualifying offer to four-year veteran Brandon Rush, the team announced today. The qualifying offer makes Rush a restricted free agent this summer, and will give Golden State the opportunity to match any offer sheet Rush signs with another club.

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NBA Grants Celtics 2013 Second-Round Pick

The NBA has granted the Celtics a 2013 second-round pick from the Thunder in a dispute over Jeff Green's medical condition, reports Adrian Wojnarowski of Yahoo! Sports (via Twitter). The Celtics filed a complaint with the league when Green missed the 2011/12 season due to a heart condition, less than a year after Boston acquired the forward from Oklahoma City (Twitter link).

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Timberwolves Acquire Chase Budinger

The Timberwolves have sent the No. 18 pick in the draft to the Rockets in exchange for Chase Budinger, reports Jonathan Givony of DraftExpress.com (via Twitter). The Rockets also included the rights to Israeli forward Lior Eliyahu in the deal, tweets Adrian Wojnarwoski of Yahoo! Sports.

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Blazers Extend Qualifying Offer To Nicolas Batum

The Trail Blazers have extended a qualifying offer to forward Nicolas Batum, tweets Ben Golliver of Blazer's Edge. Batum will become a restricted free agent on July 1, but because of the qualifying offer, Portland will have the right of first refusal if another team attempts to sign the Frenchman. The qualifying offer comes in at approximately $4.4MM, but merely serves as a placeholder until the team reaches a deal with Batum on an extension or another team extends an offer sheet, at which time Portland would determine whether or not to match the deal.

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Kings Extend Qualifying Offer To Thompson

June 25th: The Kings have officially extended a qualifying offer to Thompson, tweets Jones.

March 20th: The Kings will extend a qualifying offer to Jason Thompson at season's end, president of basketball operations Geoff Petrie tells Jason Jones of The Sacramento Bee (via Twitter).

Thompson, the 12th overall pick in 2008, is eligible for restricted free agency this offseason. If and when the Kings officially extend him a qualifying offer, he'll have the option to accept the one-year contract ($4.13MM) and become an unrestricted agent in the summer of 2013. It's more likely he'll explore his options in restricted free agency, with the Kings having the opportunity to match any multiyear offer he receives.

Thompson's play was one reason Sacramento felt comfortable buying out J.J. Hickson, Jones adds. Playing in every one of the Kings' 45 games this season, the 25-year-old big man has averaged 8.4 PPG, 6.6 RPG, and has a .527 FG% in 24.3 MPG.

Hawks Hire Danny Ferry As President, GM

The Hawks have officially hired Danny Ferry as the team's new president of basketball operations and general manager, the team announced today in a press release. Adrian Wojnarowski of Yahoo! Sports first reported yesterday that Atlanta had offered Ferry the job, with Chris Broussard of ESPN.com adding that the offer was for six years.

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Wizards Acquire Okafor, Ariza For Lewis

The New Orleans Hornets have traded Emeka Okafor and Trevor Ariza to the Washington Wizards in exchange for Rashard Lewis and the No. 46 pick in the draft, reports Jonathan Givony of DraftExpress.com (via Twitter). The Wizards have officially announced the swap in a press release.

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Lakers Exercise Andrew Bynum’s Option

The Lakers have officially picked up Andrew Bynum's $16.1MM option for 2012/13, according to Mike Bresnahan of the Los Angeles Times (via Twitter).  The move was expected as General Manager Mitch Kupchak told reporters during his exit interview that he planned to pick up the big man's option for next season.

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