The Los Angeles Lakers have promoted Glenn Carraro to Assistant General Manager.

Carraro, who spent last season serving in a dual role as both the Director of Basketball Administration for the Lakers and as the General Manager of the Los Angeles D-Fenders, will retain his title of General Manager of the D-Fenders.

Carraro, who has 17 years of NBA experience, has been a member of the Lakers front office staff since 2000. Originally joining the team as the Assistant to the General Manager/Director of Camps, Carraro was promoted to Director of Basketball Administration in 2006. 

Dwight Howard regrets his decision to forgo his early termination option on his 12-13 contract, according to sources

Howard seeks a trade before next season and his camp is applying pressure on the Magic to pursue a deal as soon as a new general manager is in place.

Several GM candidates have been creating trade scenarios involving Howard and proposing them to CEO Alex Marins during the interview process.

The Lakers are engaged in talks to promote Glenn Carraro to assistant general manager, according to multiple sources.

Carraro spent last season as general manager of the Los Angeles D-Fenders.

Carraro helped guide the D-Fenders to a league-record 38 wins.

A record 24 teams will compete at the 2012 NBA Summer League in Las Vegas.  From July 13-22, 23 NBA teams, including 11 that participated in the NBA Playoffs, as well as a team of NBA D-League Select players will compete in Las Vegas.

The  2012  competition will mark the eighth summer that the league has been held in Las  Vegas since its inception in 2004. Each of the participating teams will play five game each for a total of 60 contests over the course of the event’s ten days.

The 2012 field for NBA Summer League (years participated) will be the following:

Atlanta Hawks (2010)*
Boston Celtics (2004-07)*
Charlotte Bobcats (2008) 
Chicago Bulls (2005, 2009-10)*
Cleveland Cavaliers (2004-10)
Dallas Mavericks (2005-10)*
Denver Nuggets (2004-10)*
D-League Select (2009-10)
Golden State Warriors (2005-10)
Houston Rockets (2006-10)
L.A. Clippers (2005-10)*
L.A. Lakers (2007-10)*
Memphis Grizzlies (2007-10)*
Miami Heat (2010)*
Milwaukee Bucks (2007-10)
Minnesota Timberwolves (2006-10)
New Orleans Hornets (2005-10)
New York Knicks (2005-10)*
Phoenix Suns (2004-10)
Portland Trail Blazers (2005-10)
Sacramento Kings (2005-10)
San Antonio Spurs (2007-10)*
Toronto Raptors (2008-10)
Washington Wizards (2004-10)

*Indicates 2011-12 NBA Playoff team.

The Magic are ready to begin scheduling interviews for their general manager vacancy and hope to have a hire in place within three weeks.

Mitch Kupchak is expected to be amongst the first candidates, according to a source. There is no indication yet that Kupchak would be interested in leaving the Lakers.

Orlando is also interested in David Morway, Jeff Bower and Kevin Pritchard.

Donnie Walsh is also of interest, but the team believes he will wind up with the Pacers if Larry Bird retires.

LeBron James, Kevin Durant, Chris Paul, Kobe Bryant and Dwight Howard have been named to the All-NBA First Team.

Tony Parker, Kevin Love, Blake Griffin, Russell Westbrook and Andrew Bynum comprise the All-NBA Second Team.

Rajon Rondo, Dwyane Wade, Carmelo Anthony, Tyson Chandler and Dirk Nowitzki received All-NBA Third Team honors.

There are 10 teams with representatives on the three teams, with the Wolves (Love) being the only non-playoff team. The Hawks, 76ers, Pacers, Bulls, Grizzlies, Nuggets and Jazz each made the playoffs without a representative. Chicago was tied for the best record in the NBA and did not have an All-NBA representative.

James received 118 out of a possible 120 first team votes, while Durant received 117 first team votes.

Wade finished four points behind Westbrook for the second guard position on the second team.

Pau Gasol has not yet received a definitive answer on his future with the Lakers.

Gasol met with the media following his exit interview on Wednesday.

“It’s still very much possible that this is one of my last days," Gasol said. "Every day could be my last day. It’s not sentimental, but it does cross your mind that there could be a change.

"I wish I could have clarification right now. They can’t give it to me."

Mitch Kupchak said he would have to wait until meeting with Lakers ownership before commenting on Gasol’s future with the team.

“I have not met with ownership,” Kupchack said. “I’m not sure what direction the team is going to go. No additional information to share with you right now."

Gasol was a focus of constant trade rumors after nearly being sent to Houston in a three-way deal that would have brought Chris Paul to Los Angeles.

"I don’t expect he’ll ever be the same based on what took place,” Kupchak said. "He did the best anybody could do in being a professional. He’s the consummate teammate and the consummate professional. With what took place, I’m sure there’s some trust that’s not quite the same."

Mitch Kupchak confirmed the Lakers may pursue a major trade to get the team back into championship contention.

"Why not? Sure," Kupchak said. "When you lose before you think you should have lost, you have to open up all opportunities."

After being eliminated in the second of the playoffs for the second consecutive season, the Lakers appear to be in a trading mood.

"There will be some change," Kupchak said. "There will be a bit of activity July 1st, looking at who we can bring back and dealing with the marketplace.

"We get graded on the success of the team; that's how it is in this franchise. I know a lot of franchises are happy to get to the first round or advance beyond the first round. We certainly did no worse than we did a year ago, but we're disappointed. That's not how we grade ourselves, getting into the second round."

Deron Williams prefers to re-sign with the Nets, but he also would consider going to the Lakers in a sign-and-trade, according to a source.

The Lakers appear to be a more suitable alternative for Williams than the Mavericks.

"There's no longevity there," said a source close to Williams of the Mavericks.

Andrew Bynum had his best NBA season, but a source within the Lakers said he grew more vocal about his frustrations as the season wore on and was more prone to "acting out."

"He's getting worse," the source said.