Posted July 11, 2012 on AP on Fox
Deron Williams hit the jackpot in Las Vegas, and Blake Griffin signed on for a few more years in Los Angeles. Free agents in the NBA could finally sign contracts starting at 12:01 a.m. EDT Wednesday, and the Brooklyn Nets wasted no time getting their All-Star point guard to put pen to paper - well, iPad actually - on a new deal worth $98 million over five years. The Nets came to Williams at his hotel in Las Vegas, where he is training with the U.S. Olympic team. He posted a picture of himself signing the contract on his Twitter page. ''We are obviously thrilled that Deron will lead the Nets into our new home in Brooklyn,'' Nets general manager Billy King said in a statement. ''Deron is in my opinion the top point guard in the NBA. With his leadership and guidance on and off the court, the fans of Brooklyn should be proud.'' The Clippers announced they signed Griffin to a contract extension that could be worth $95 million over five years. He left U.S. camp Tuesday for a day to return to Los Angeles and get all the terms taken sorted out, and he should certainly like them. Also, the Lakers announced their sign-and-trade deal with Phoenix to bring Steve Nash to Los Angeles for first-round picks in 2013 and 2015, as well as second-rounds in 2013 and 2014. Free agency opened July 1, and while players and teams could negotiate, deals couldn't be signed until next season's salary cap was set and the moratorium had been lifted. The league set the cap Tuesday night at $58 million and the luxury tax level at $70.3 million, both unchanged from last season. A number of other deals have been agreed to, teams continuing to spend even in the first summer after the new collective bargaining agreement that resulted from the lockout. NBA champion Miami is signing Ray Allen and Rashard Lewis in hopes of a repeat, the Knicks adding Jason Kidd and Marcus Camby. They are expected to match the offer sheet Jeremy Lin got from Houston. Teams have three days to match deals that their restricted free agents could begin signing. Still not completed is a deal for Dwight Howard, who doesn't want to wait until he's a free agent next summer to change addresses. Orlando is negotiating with Howard, who has asked to be traded to the Nets, but so far hasn't found a deal worth shipping out a franchise center. If Howard does get to the Nets, he'll get to team up with Williams. They talked about playing together all the way back during the 2008 Olympics, and if they get their wish it will be in Brooklyn. The Dallas Mavericks hoped they could convince Williams to sign back in the area where grew up, but he opted to make the move with the Nets from New Jersey to New York. ''I am really excited to be able to officially say that Brooklyn is home,'' Williams said. ''It is an incredible time to play in Brooklyn and to be a part of this organization, the first sports team to call Brooklyn home in over 50 years. I believe in the team and what we are going to be able to accomplish on the court, as well as in the community. My family and I have come to know New York and the more we do, the more we love it. I look forward to going to London to represent the United States in the Olympics and then coming back to Brooklyn to open Barclays Center.''

Blake Griffin injures knee at Olympics practice

Clippers All-Star forward Blake Griffin sustained a left knee injury during Wednesday nights practice with the U.S. Olympic basketball team in Las Vegas and was scheduled to return to Los Angeles on Thursday for further evaluation. Griffin will be examined by the same doctor who performed his season-ending left knee surgery during his rookie season in 2010. Griffin had been given...

Clippers sign Griffin to 5-year extension

The Los Angeles Clippers have signed All-Star forward Blake Griffin to a five-year contract extension that could be worth up to $95 million. The team announced the deal late Tuesday night. The deal could keep Griffin, who could opt out after four years, in a Clippers uniform until 2018. He will earn $7.2 million next season. ''Happy to officially sign my extension to ...

Williams not caught up in Howard trade talk

Deron Williams and Dwight Howard talked about being NBA teammates four years ago during the Olympics. Now Williams knows there's speculation that it could happen soon. He's aware of reports that Orlando and Brooklyn and trying to arrange a trade - possibly involving two other teams - but he's not paying too much attention to that. ''There's been a lot of...

Blake Griffin To Sign 5-Year, $95 Million Extension with Clippers

ESPN is reporting that Los Angeles Clippers forward Blake Griffin is set to sign an extension worth a reported $95 million over five years. A source with knowlegde of the deal told’s Ramona Shelbourne that Griffin has given the ok to the stay with the Clippers. More to come as more details emerge…   via ESPN Los Angeles Article found on: Cosby Sweaters

Griffin, Clippers close in on $95 million extension

One day after he was dismissed from Team USA workouts to "tend to contract matters," Blake Griffin produced predictably rich results. Griffin, the No. 1 overall pick in 2009, agreed to a five-year, $95 million contract extension with the Clippers just three days after joining the Olympic roster because of a series of injuries. Griffin limped through the season-ending...

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Updated: Blake Griffin replaced by Anthony Davis on Team USA after injuring knee during scrimmage.

The New Orleans Hornet’s Anthony Davis will replace Blake Griffin on Team USA’s Olympics basketball team. Please click the link below to view this story.

Clippers' Griffin injures left knee; Davis joins Team USA

All-Star forward Blake Griffin left the Team USA training camp Wednesday, the day his new five-year contract with the Clippers became official, and returned to Los Angeles for an MRI on his left knee. Griffin was injured in a team drill, according to Yahoo Sports, and a source told Sports Illustrated the initial prognosis was "not good." Anthony Davis, the No. 1 pick...

Griffin out, Davis has shot for US basketball team

Anthony Davis was seated on the court, the best players in the world towering above him. The NBA rookie had just been fouled while making a 3-pointer, falling backward toward the U.S. bench, looking up to see the likes of LeBron James and Kevin Durant dancing in celebration. The Americans weren't just giddy over the basket. Their joy was in knowing they can count on the kid...
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