News from July 12.

TRADE: Miami traded Michael Beasley to Minnesota for a 2011 2nd round
draft pick, a 2014 2nd round draft pick, and cash.

The NBA fined Cleveland $100,000 for owner Dan Gilbert's remarks about
LeBron James signing with Miami.

Charlotte re-signed Tyrus Thomas to a 5 year, $40 million contract.

Miami re-signed Udonis Haslem to a 5 year, $20 million contract.

Minnesota re-signed Darko Milicic to a 4 year, $20 million contract with
the 4th year at the team's option.

Minnesota signed 1st round draft pick (#4) Wesley Johnson to a 2 year,
$7,732,680 contract with 2 more years worth $9,706,793 at the team's 
option.

Minnesota signed 1st round draft pick (#30) Lazar Hayward to a 2 year,
$2,118,480 contract with 2 more years worth $3,293,294 at the team's 
option.

San Antonio signed 2007 1st round draft pick (#28) Tiago Splitter to a 2
year, $2,134,593 contract with 2 more years worth $3,341,428 at the 
team's option.

Kendrick Perkins (Bos) underwent arthoscopic surgery on his right knee to
repair a torn ACL and is expected to be out 6 months.