Hornets Partner Agrees to Buyout
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Hornets owner George Shinn has reached a deal to regain full control of the team he founded in 1987, The Times-Picayune reported Tuesday.
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Gerald Wallace and the Bobcats reached an agreement in principle that would keep the team's leading scorer in Charlotte, executive vice president of basketball operations Bernie Bickerstaff said Wednesday.
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Harman International has reached a compromise with a pair of buyout firms that will allow them to terminate a planned takeover of the company in return for a $400 million investment -- avoiding litigation that both sides viewed as too costly.
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The owner of the high-flying Cleveland  Cavaliers has reached an agreement to sell controlling interest  in the team, the National Basketball Association (NBA)  franchise said Monday. Local media reports put the price at  about $375 million.
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LONG BEACH, Calif. (Sports Network) - Tim Floyd has  reportedly agreed to take over the Southern California  basketball program, as long as he can work out a financial deal  with the New Orleans Hornets, his former employer.
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The Golden State Warriors traded veteran guard Jason Richardson to the Charlotte Bobcats on Thursday night for the rights to North Carolina forward Brandan Wright, the eighth overall pick.
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Phoenix acquires Shaquille O'Neal in deal that sends Shawn Marion and Marcus Banks to Miami.
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The Dallas Mavericks got a big man Tuesday, completing an eight-player deal that will bring Erick Dampier from Golden State.
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The Portland Trail Blazers have agreed to terms on a buyout with guard Steve Francis, who was acquired in a draft night deal with the New York Knicks.
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The New Orleans Hornets made the first splash of the NBA&#039;s free-agent signing period, agreeing to terms Saturday with three-time All-Star Peja Stojakovic.
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Chauncey Billups and the Detroit Pistons agreed on a five-year, $60 million contract Tuesday, a person with knowledge of the deal told The Associated Press.
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The Houston Rockets acquired veteran guard David Wesley from the New Orleans Hornets, in exchange for starting forward Jim Jackson and forward Bostjan Nachbar.
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Chicago, IL (Sports Network) - The Chicago Bulls Monday reached an agreement on a buyout for the remaining two years on the contract of swingman Eddie Robinson.
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The Denver Nuggets have reached an  agreement in principle to acquire former MVP Allen Iverson from  the Philadelphia 76ers, according to NBA sources.
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The Hornets have experienced a Christmas miracle and his name is Dan Dickau. The recently acquired PG paved the way for just their second win all season with his game-high 23 points in a victory over Golden State.
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The Sacramento Kings reached an agreement in principle Tuesday with Reggie Theus to become their new coach, ending a meandering two-month search for Eric Musselman's replacement.
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Alonzo Mourning and the Raptors agree on a buyout of his contract Friday, amid speculation the seven-time All-Star center will sign with the Miami Heat.