News from July 7.

Golden State signed 1st round draft pick (#9) Patrick O'Bryant to a 2 
year, $4,278,120 contract with 2 more years worth $5,391,563 at the team's 
option.

Orlando signed 1st round draft pick (#11) J.J. Redick to a 2 year, 
$3,860,880 contract with 2 more years worth $4,979,128 at the team's 
option.

Memphis signed 1st round draft pick (#24) Kyle Lowry to a 2 year, 
$2,099,400 contract with 2 more years worth $3,198,517 at the team's 
option.

Cleveland signed 1st round draft pick (#25) Shannon Brown to a 2 year, 
$2,015,400 contract with 2 more years worth $3,128,605 at the team's 
option.

Cleveland signed 2nd round draft pick (#42) Daniel Gibson.

Indiana picked up their 07-08 options for Danny Granger and David
Harrison.

Pape Sow (Tor) underwent surgery on his neck to repair a fractured
vertebrae.  The injury occurred during practice for Toronto's summer
league team.

Chicago released Othella Harrington.