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Michael Finley, G, San Antonio Spurs

Friday 8/15, 3:20 PM CT

Michael Finley has agreed to re-sign with the Spurs, according to ESPN. Finley and the Spurs have reached terms on a new deal that has been submitted for league approval.

Bobby Jones, F, Sacramento Kings

Friday 8/15, 1:21 PM CT

Bobby Jones has been released by the Heat, 10 days after acquiring him off waivers, according to the Miami Herald.

Jannero Pargo, G, New Orleans Hornets

Friday 8/15, 12:06 PM CT

Jannero Pargo has decided to leave the Hornets and the NBA to play in Russia for Moscow Dynamo, according to the AP. He reportedly agreed in principle to a one-year contract worth about $4 million.

Mo Williams, G, Cleveland Cavaliers

Friday 8/15, 9:07 AM CT

Mo Williams states he is 100 percent healthy after undergoing right thumb surgery last May, according to the News Herald. Williams also had sports hernia surgery over the summer. He is also pleased to join the Cavaliers and said, "Change is good sometimes. You’re going to play with arguably the best player in America (James). You really can’t be disappointed about it. Life goes on. It’s a new chapter in your life. I’m prepared to take full advantage of it. I’ll fit in. We know who the leader of our team is as far as ‘The Man.’ We’re all going to roll with him."

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