News from June 26.

Michael Finley (SA) elected not to opt-out of his contract and, thus, is
signed through 07-08.

Gerald Wallace opted out of his contract and is an unrestricted free
agent.

Earl Boykins (Mil) opted out of his contract and is an unrestricted free
agent.

Shareef Abdur-Rahim (Sac) underwent surgery on his right knee to remove 
loose particles.

Kwame Brown (LAL) is scheduled to undergo surgery on Wednesday on his
right shoulder to have a bursa sac and scar tissue removed.