News from July 7.

Cleveland signed #13 draft pick Derek Anderson to a 3 year, $3,820,000
contract.

Cleveland signed #16 draft pick Brevin Knight to a 3 year, $3,275,000
contract.

Boston signed free agent Travis Knight to a 7 year, $22 million contract.

Boston renounced their rights to Rick Fox, Todd Day, Marty Conlon, Frank 
Brickowski, Alton Lister, Nate Driggers, Steve Hamer, Brett Szabo, and 
Michael Hawkins.

Denver renounced their rights to Kenny Smith, Sarunas Marciulionis,
Vincent Askew, Jerome Allen, Jimmy King, and Keith Jennings.

New York gave head coach Jeff Van Gundy a multi-year contract.  Terms were
not announced.  Van Gundy had 1 year left on his contract.