News from August 1. TRADE: Toronto traded the rights to first round draft pick Jonathan Bender (#5) to Indiana for Antonio Davis. Utah re-signed Karl Malone to a 4 year, $66.5 million contract. Boston signed Adrian Griffin to a 1 year contract with a team option for a 2nd year. Griffin was the MVP of the CBA last season and has been playing for Boston in the summer leagues. New Jersey signed Keith Van Horn to a 6 year, $73 million contract extension. Van Horn has one year left on his rookie contract. New Jersey re-signed Jamie Feick to a reported 6 year, $15 million contract. Philadelphia re-signed Eric Snow to a reported 7 year, $29 million contract. It is believed that the contract includes a player opt-out clause after the 5th year. Philadelphia re-signed George Lynch to a reported 6 year, $15 million contract. Phoenix signed Oliver Miller to a 1 year, minimum contract. Phoenix re-signed Clifford Robinson to a 4 year, $29 million contract. Seattle renounced their rights to Detlef Schrempf. Sacramento renounced their rights to Michael Hawkins, Chris Robinson, Jerome James, and Oliver Miller.