The Cleveland Cavaliers acquired the draft rights to forward Emir Preldzic from the Phoenix Suns for cash considerations.

The Cleveland Cavaliers acquired center Shaquille O'Neal from the Phoenix Suns for forward/center Ben Wallace, a second-round selection in the 2010 NBA draft and cash considerations.

The Golden State Warriors acquired guards Acie Law and Speedy Claxton from the Atlanta Hawks for guard Jamal Crawford.

The New York Knicks acquired center Darko Milicic from the Memphis for guard/forward Quentin Richardson and cash considerations.

The Orlando Magic acquired guard Vince Carter and forward Ryan Anderson from the New Jersey Nets for guards Rafer Alston, Courtney Lee, and center Tony Battie.

The Minnesota Timberwolves acquired the fifth selection in the 2009 NBA draft, center Etan Thomas and forwards Darius Songaila and Oleksiy Pecherov from the Washington Wizards for guards Randy Foye and Mike Miller.

The Portland Trail Blazers acquired the 22nd selection in the 2009 NBA draft from the Dallas Mavericks for the 24th and 56th selections and a second-round selection in the 2010 draft.

The Milwaukee Bucks traded forward Richard Jefferson to the San Antonio Spurs for forwards Bruce Bowen and Kurt Thomas and center Fabricio Oberto; traded center Fabricio Oberto to the Detroit Pistons for forward Amir Johnson.

The Toronto Raptors acquired forward Reggie Evans from the Philadelphia 76ers for guard-forward Jason Kapono.

The New Orleans Hornets announced guard Devin Brown exercised his 2009-10 contract option.