News from August 2. TRADE: In a sign-and-trade, Houston re-signed Hakeem Olajuwon to a 3 year, $16.7 million contract. Houston traded Hakeem Olajuwon to Toronto for a 1st round draft pick and a 2nd round draft pick in 2002. The 1st round draft pick is lottery protected over the next 7 years. Dallas signed Khalid El-Amin and Darrick Martin to 1 year, minimum contracts. Detroit signed 1st round draft pick Rodney White (#9) to a 3 year, $5,461,680 with a 4th year worth $2,481,242 at the team's option. Minnesota re-signed Felipe Lopez to a 1 year, minimum contract with a 2nd year at the player's option. San Antonio signed Stephen Jackson to a 2 year, $1.25 million contract with the 2nd year at the player's option. San Antonio signed Charles Smith to a 1 year, minimum contract with a 2nd year at the team's option.