News from February 12.
 
Miami signed Jeff Malone to a 10-day contract and released Pete Myers.
 
Charlotte activated Muggsy Bogues and placed Michael Adams on IR with a
pulled right groin.
 
The NBA executive board approved a 5 year contract extension for
commissioner David Stern.  The contract is reportedly worth $35 million.
It is believed that Stern was being courted by ITT-Sheraton and other
corporations for CEO positions.