News from July 23.

TRADE: In a 4 team trade, Philadelphia traded away Keith Van Horn, the
rights to Randy Holcomb (2002 #57 draft pick), and a 2007 1st round draft 
pick and received Glenn Robinson, Marc Jackson, and their own 2006 2nd 
round draft pick that they had traded away earlier; Atlanta traded away 
Glenn Robinson and a 2nd round draft pick and received Terrell Brandon, the
rights to Randy Holcomb (2002 #57 draft pick), and a 2007 1st round draft 
pick; New York traded away Latrell Sprewell and received Keith Van Horn; 
and Minnesota traded away Terrell Brandon and Marc Jackson and received
Latrell Sprewell.

Memphis signed restricted free agent James Posey to a 4 year, $22,618,200
offer sheet (mid-level exception).  Houston has 15 days to match the 
offer.

Milwaukee signed Damon Jones.

Golden State signed Speedy Claxton to a 3 year, $9.9 million contract.

Indiana signed Anthony Johnson to a 2 year, minimum contract.  

New York signed 2nd round draft pick (#39) Slavko Vranes to a 1 year,
minimum contract.

Indiana named Ron Rothstein as an assistant coach.

San Antonio signed Devin Brown to a 1 year contract with a team option for
a 2nd year.