News from August 10.

TRADE: In a sign-and-trade, Houston re-signed Shandon Anderson to a 6
year, $42 million contract.  In a 3-team trade, New York traded away Glen
Rice and Muggsy Bogues and received Shandon Anderson and Howard Eisley, 
Houston traded away Shandon Anderson and received Glen Rice and the 
rights to 2nd round draft pick Kyle Hill (#44), and Dallas traded away 
Howard Eisley and the rights to Kyle Hill and received Muggsy Bogues.  
Dallas also receives a $3.2 million trade exception for receiving less 
contract money than they traded away.  Houston used the trade exception
they received from the Hakeem Olajuwon trade to complete this trade.

Houston renounced Matt Bullard, Devin Gray, and Sean Colson.

Dragan Tarlac signed with Real Madric of Spain.  [thanks to Jed Tai]