News from July 5. Dallas has reportedly reached a 3 year, around $24 million contract agreement with Jerry Stackhouse. Phoenix has reportedly reached a 2 year, 3.8 million contract agreement with Orlando free agent Grant Hill with the 2nd year at the player's option. The contracts can not be formally signed until after the July Moratorium ends (July 11). Seattle named P.J. Carlesimo as head coach. Boston exercised their team option for Ryan Gomes for 07-08. Sacramento signed 1st round draft pick, (#10) Spencer Hawes to a 2 year, $4,209,360 contract with 2 more years worth $5,307,120 at the team's option. The LA Clippers signed 1st round draft pick, (#14) Al Thornton to a 2 year, $3,428,520 contract with 2 more years worth $4,714,396 at the team's option. Washington signed 1st round draft pick, (#16) Nick Young to a 2 year, $3,094,200 contract with 2 more years worth $4,345,303 at the team's option. Washington signed 2006 1st round draft pick, (#18) Oleksiy Pecherov to a 2 year, $2,792,520 contract with 2 more years worth $3,927,910 at the team's option. Miami signed 1st round draft pick, (#21) Daequan Cook to a 2 year, $2,457,600 contract with 2 more years worth $3,531,977 at the team's option. Miami signed Joel Anthony, Jeremy Richardson, and Marcus Slaughter to non-guaranteed contracts. Sacramento signed Mustafa Shakur to a non-guaranteed contract. Wayne Simien (Mia) underwent arthroscopic surgery on his left knee on Tuesday. ---- Patricia Bender pbender@eskimo.com For NBA stuff: http://www.eskimo.com/~pbender/index.html For Mavs stuff: http://www.eskimo.com/~pbender/mavs.html