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A federal judge dismissed a civil insider-trading lawsuit against Dallas Mavericks owner Mark Cuban on Friday, dealing the Securities and Exchange Commission a rare high-profile setback. U.S. District Judge Sidney A. Fitzwater ruled that the SEC could not hold Cuban liable for insider trading because the agency didn't allege the billionaire ...

The Denver Nuggets have acquired guard Arron Afflalo and forward Walter Sharpe from the Detroit Pistons in exchange for a second round pick in the 2011 NBA Draft, team Vice President of Basketball Operations Mark Warkentien announced today. “We are very pleased to add two young promising prospects like Arron and ...

An NBA offseason that was supposed to be dull and boring has been anything but. The Dallas Mavericks continued to revamp their team Wednesday evening, formally acquiring forward Shawn Marion from the Toronto Raptors in a multi-team deal that was still working toward finalization Thursday morning. As first reported on ...

Shaquille O'Neal took his first look at his new basketball home. The 15-time All-Star center toured the Cavaliers' suburban practice facility and took his physical on Wednesday, one day before he is formally introduced as superstar LeBron James' newest teammate. O'Neal and a small group of associates met briefly with Cavs coach ...

Tony Parker likes the trade for Richard Jefferson. A whole lot. "It was great for us," Parker said earlier this week. "It's going to help. That's what we wanted, is to get somebody younger, very athletic and is going to make stuff happen." The Spurs didn't make much happen in the Playoffs ...

Vince Carter is going home to Orlando, and to the Eastern Conference champion Magic. On a draft day when Cleveland made the biggest splash by trading for the Suns' Shaquille O'Neal, Orlando made a blockbuster move of its own in acquiring the ...

The Cleveland Cavaliers are close to acquiring Phoenix center Shaquille O'Neal in a trade that would pair him with NBA MVP LeBron James, two people with knowledge of the deal told The Associated Press on Thursday. The Cavs and Phoenix ...

The Golden State Warriors dealt with their troubled backcourt situation Wednesday by agreeing to deal guard Jamal Crawford to the Atlanta Hawks for guards Acie Law and Speedy Claxton, according to a league source. The move solidifies the Hawks at a position where Atlanta had a potential problem this coming offseason, ...

The Minnesota Timberwolves are set to have one busy draft day. The Timberwolves agreed to trade guards Randy Foye and Mike Miller to the Washington Wizards for the fifth overall draft pick and three players, leaving Minnesota with four first-round choices and plenty of ammunition to do even more wheeling and ...

The San Antonio Spurs needed a scorer and they needed to get younger. They got both in one deal. Milwaukee sent swingman Richard Jefferson to San Antonio on Tuesday for Bruce Bowen, Kurt Thomas and Fabricio Oberto, taking three ...