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The New Jersey Nets and Richard Jefferson agreed to a multiyear contact extension that will pay the Olympic guard $78 million over the next six years, helping make up for the loss of Kenyon Martin and Kerry Kittles.
– Peja Stojakovic, a three-time All-Star and the NBA’s second-leading scorer last season, said he has told Sacramento Kings general manager Geoff Petrie he wants to be traded.
– Robert Traylor, who previously played with the Cavaliers in 2000-01, will get Cleveland’s million-dollar exception–a contract worth approximately $1.6 million.
