News from July 14.

Houston signed Hakeem Olajuwon to a 5 year, $55-60 million extention.  He
has 3 years left on his contract.

New York signed Allan Houston to a 7 year, $56 million contract.

New York signed Chris Childs to a 6 year, $24 million contract.

New York renounced their rights to Eric Anderson, Willie Anderson, Gary
Grant, Derek Harper, Ronnie Grandison, J.R. Reid, and Anthony Tucker.

TRADE: Charlotte traded Larry Johnson to New York for Anthony Mason and
Brad Lohaus.

Indiana re-signed Anthony Davis to a 7 year, $38.5 million contract.

Indiana re-signed Dale Davis to a 7 year, $42 million contract.

Miami signed Juwan Howard to a 7 year, $98 million contract.

Miami renounced their rights to Rex Chapman, Tyrone Corbin, Chris Gatling,
Stacey King, Jeff Malone, Danny Schayes, Tony Smith, and Walt Williams.

Miami re-signed Alonzo Mourning to a 7 year, $112 million contract..


The USA Men's Olympic Teams played their final exhibition game against the
Greece Men's Olympic Team.

USA 128, Greece 62 - at Indinanpolis
Charles Barkley (USA) had 13 points including 6-7 FG and 8 rebounds.
Reggie Miller (USA) had 21 points and 5 steals.
Karl Malone (USA) had 19 points including 7-9 FG.
Fragiskos Alvertis (Gre) had 14 points including 3-3 3-pointers.
Theofanis Christod (USA) had 11 points including 3-6 3-pointers.
USA shot 63.5% (47-74) FG and Gre shot 33.9% (20-59) FG.