News from January 23.

Correction: Detroit signed Loy Vaught to a 5 year, $23 million contract
[not $2.3 million].

TRADE: Milwaukee traded Andrew Lang to Chicago for a conditional 2nd
round draft pick.

Chicago signed Luc Longley to a 6 year, $32.4 million contract so that 
they could ...

TRADE: Chicago traded Luc Longley to Phoenix for Mark Bryant, Martin
Muursepp, Bubba Wells, and a 1st round draft pick.

Dallas signed Gary Trent to a 1 year, $1 million contract.

Cleveland signed Ryan Stack to a non-guaranteed contract.

Denver signed Cory Alexander to a 6 year, $13.5 million contract with a
player opt-out after the 5th year, signed Eric Washington to a 2 year, 
$1.1 million contract, signed Monty Williams to a 1 year, minimum 
contract, and signed Loren Meyer to a 1 year, minimum contract.

Denver signed 1st round draft pick (#3) Raef LaFrenz to a 4 year, $9.6
million contract and signed 1st round draft pick (#13) Keon Clark to a 4
year, $4.47 million contract.  The 4th year of the contracts are at the
team's option.

Detroit signed Jud Buechler to a 2 year, $1.7 million contract, signed 
Joe Dumars to a 1 year, $1 million contract, and signed Jerry Stackhouse
to a 7 year, $37 million contract.

Golden State re-signed Jason Caffey to a 7 year, $35 million contract.

Houston signed Antoine Carr.

Indiana signed Rik Smits to a $2 year, $20.5 million contract, signed 
Travis Best to a 4 year, $13 million contract, signed Mark Pope to a 2
year, $810,000 contract, and signed Fred Hoibert to a 1 year, $600,000 
contract.

Milwaukee signed Dell Curry to a 1 year, $1 million contract.

Minnesota signed Joe Smith to a 1 year, $1.75 million and Malik Sealy 
to a 1 year, $1 million contract.

New York released Nick Davis and Jason Wallace.

Phoenix signed Tom Gugliotta to a 6 year, $58.5 million contract with a
player opt-out after the 5th year, signed Joe Kleine to a 1 year, $1 
million contract, and re-signed George McCloud.

Portland signed Greg Anthony to a 2 year contract.

San Antonio signed Mario Elie to a 2 year, $3.7 million contract and
signed Jerome Kersey to a 1 year, $1 million contract.

Seattle signed signed Billy Owens to a 3 year, $6 million contract.