Shaq may be bound for Cleveland
By Adrian Wojnarowski and Johnny Ludden, Yahoo! Sports 6 hours, 7 minutes ago
The Phoenix Suns are discussing a potential trade with the Cleveland Cavaliers which would pair Shaquille O’Neal with LeBron James for a run at the NBA title, two NBA executives familiar with the talks said Thursday morning.
In return, the Cavaliers would send Ben Wallace and Sasha Pavlovic to the Suns.
No deal is imminent, but sources say the two teams have been talking about the potential trade for two days now. A Cavs official didn’t deny the talks but said the team was leaning against making a move.
NBA distributes financial warning The NBA sent out an ominous memo to its teams on the eve of the league’s trade deadline to outline dramatic projected drops in salary-cap and luxury-tax levels for the next two summers, Yahoo! Sports has learned.
Because of rapidly declining revenues, the league office delivered a sobering warning to teams trying to free cap space for the historic free-agent class of 2010: Owners and executives will likely have to strip more payroll than initially planned