News from August 10.
 
The NBA and Miami Heat have reached an out-of-court agreement and Juwan
Howard is now officially a member of the Washington Bullets again.
Howard's contract with Washington is a 7 year, $105 million deal.  As a
result of re-signing Howard, Washington loses their 1997 first round draft
pick (no other team gets the pick - it simply disappears) and gets to keep
free agent signees Tracy Murray and Lorenzo Williams, who were signed
after Howard "signed" with Miami and Washington renounced their rights to
Howard.  The NBA approved Alonzo Mourning's, P.J. Brown's, and Tim
Hardaway's contracts with Miami.  The NBA has dropped its challenge to
certain performance bonuses in Hardaway's contract.  These bonuses do not
count against Miami's salary cap.
 
Washington assistant coach and former NBA player Derek Smith died of an
apparent heart attack.  He was 34 years old.