Knicks agree to 3-year, $25 million contract with Raymond Felton

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Amar’e Stoudemire agrees to 5-year, $100 million contract with NY Knicks The New York Knicks have made the first big splash in this summer’s free agent market by reaching an agreement in principle with one of the premiere power forwards in the NBA. According to ESPN.com, the Knicks and Amar’e Stoudemire have agreed to a five-year, $100 million contract that will...

Felton back to the Bobcats It became official on Wednesday, September the 23rd, that the Charlotte Bobcats and free agent Point Guard Raymond Felton reached a 1 year, $5.5 million dollar deal. After the conversations for a long term extension failed, both the Bobcats and Felton agreed to a franchise tag kind of deal, just...

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Murray to the Bobcats ESPN’s Marc Stein first reported on late Thursday, September the 24th, that the Charlotte Bobcats and free agent Shooting Guard Flip Murray reached a one year, $1.99 million dollar agreement at the NBA’s bi-annual exception. Murray played last season for the Hawks, averaged 12.2 PPG, was very productive and became...

Caps, Semin agree to one year extension The Washington Capitals and Alexander Semin have agreed to term on a one year contract extension, assuring Semin’s return to Washington next season. When the extension expires, the winger will become an unrestricted free agent. “It’s what the player preferred,” McPhee said of the one-year deal. “We discussed a...

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Lee to return with Knicks The New York Knicks and Center/Forward David Lee agreed in principles with a 1 year, $7 million dollar deal, has reported David Aldridge of NBA.com. The source: Lee’s agent, Mark Bartelstein. The whole architecture of the deal reminds of the franchise tags used in the NFL. Lee is an important...