News from July 12.

Atlanta signed 1st round draft pick (#6) Josh Childress to a 3 year,
$8,031,480 contract with a 4th year worth $3,631,451 at the team's option.

Atlanta signed 1st round draft pick (#17) Josh Smith to a 3 year,
$4,096,080 contract with a 4th year worth $2,243,543 at the team's option.

Portland signed 1st round draft pick (#13) Sebastian Telfair to a 3 year,
$5,028,720 contract with a 4th year worth $2,563,426 at the team's option.

Utah signed 1st round draft pick (#14) Kris Humphries to a 3 year,
$4,777,320 contract with a 4th year worth $2,522,913 at the team's option.

Utah signed 1st round draft pick (#16) Kirk Snyder to a 3 year,
$4,311,600 contract with a 4th year worth $2,358,433 at the team's option.

Miami signed head coach Stan Van Gundy and GM Randy Pfund to contract
extensions.