Washington receive
Rashard Lewis
Orlando receive
Gilbert Arenas
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Orlando traded forward Rashard Lewis to Washington for controversial former All-Star point guard Gilbert Arenas.
The Magic have been lacking a player that can create shots for himself or set up team mates this season.
Arena's close relationship with Magic GM Otis Smith is thought to have been a factor in the deal.
Orlando receive
Jason Richardson + Hedo Turkoglu + Earl Clark
Phoenix receive
Mickael Pietrus + Marcin Gortat
+
Magic's 2011 1st Round Draft Pick
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Orlando also brought in Jason Richardson and former player Hedo Turkoglu from Phoenix. Earl Clark also arrives as part of the deal.
In return the Suns get a solid big man in Gortat, the out of favour Pietrus and a first round draft pick.
The Suns needed more size with Robin Lopez as the only center currently on their playing roster.
New Jersey receive
Brandan Wright + Dan Gadzuric
Golden State receive
Troy Murphy
+
Nets' 2011 2nd Round Draft Pick
-----
The Nets have bolstered their roster with two backup big men in Gadzuric and Wright.
However, Golden State are expected to buyout Murphy's contract in the coming days.
Murphy and Warriors agree buyout, Signs with Celtics
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Just days after acquiring him from the Nets, Golden State has agreed a buyout with Troy Murphy.
The veteran forward announced the next day that he was signing with Boston.
Bibby signs with Heat after buyout with Wizards
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In a move that leaves them with only John Wall to play point guard, the Wizards agreed a buyout with Mike Bibby.
Bibby then signed a deal to join the superstars of the Miami Heat.
Bulls sign Butler after his buyout from Clippers
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Elsewhere this week, the Clippers agreed a buyout of Rasual Butler's contract.
Butler went on to sign with the struggling Chicago Bulls.
Los Angeles receive
CJ Miles - 23 years old - SG - 3.70m - 1 year (77)
16.4 PPG - 3.4 RPG - 2.6 APG
Utah receive
Randy Foye - 27 years old - SG - 4.25m - 1 year (83)
21.1 PPG - 4.6 RPG - 4.9 APG
Transactions
22/01/11 - ORL trades R.Lewis to WAS for G.Arenas
22/01/11 - ORL trades M.Gortat, M.Pietrus and 2011 1st Round Draft Pick to PHX for J.Richardson, H.Turkoglu and E.Clark.
22/01/11 - WAS releases M.Bibby.
22/01/11 - NJN trades T.Murphy and 2011 2nd Round Draft Pick to GSW for D.Gadzuric and B.Wright.
22/01/11 - LAC releases R.Butler.
22/01/11 - GSW releases T.Murphy.
23/01/11 - BOS sign T.Murphy.
23/01/11 - MIA sign M.Bibby.
23/01/11 - CHI sign R.Butler.
25/01/11 - LAC trades R.Foye to UTA for C.Miles.
Memphis receive
Ryan Hollins - 26 years old - C - 2.48m - 1 year (67)
1.7 PPG - 4.3 RPG - 0.2 APG
Cleveland receive
Cole Aldrich - 22 years old - C - 9.62m - 4 year (66)
0.0 PPG - 0.0 RPG - 0.0 APG
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