BREAKING NEWS: New York Knick point guard Jeremy Lin Reportedly opting out of Knick contract to sign with Toronto Raptors Y! Reports.

BREAKING NEWS: Atlanta Hawks F Josh Smith and G Kirk Hinrich traded for LA Laker F Pau Gasol and future draft picks Y! Reports

BREAKING NEWS: Sacramento Kings G Tyreke Evans traded to the Houston Rockets for G Kyle Lowry F Luis Scola and future draft picks Y! Reports

Deron Williams officially declines option with Brooklyn Nets, soon to hit free agency m.nydailynews.com/sports/basketb… #DeronWilliams opts out

BREAKING NEWS: New York Knicks G JR Smith reportedly opting out of Knick contract. Soon to hit Free Agency NYTimes Reports

charley murray Ryan McGee I know damn well we didn't give up Kirk Heinrich in that damn trade..... I just know that ain't happen

Restricted Free Agent Lou Williams expected to sign with Chicago Bulls Y! Reports

New York Knicks G JR Smith reportedly in Miami talking long term deal with the NBA World Champion Miami Heat. Y! Reports

New Orleans Hornets G Eric Gordon reportedly talking deal with the Brooklyn Nets. Sources say

BREAKING NEWS: Orlando Magic C Dwight Howard traded to the Houston Rockets for F Luis Scola G Kevin Martin G Kyle Lowry and C/F Greg Smith