The Golden State Warriors intend to keep Deavean George, who was acquired this week for Marco Belinelli.

There had been speculation that the Warriors would buyout George.

The Warriors believe George will add a much needed veteran presence on the wing.

The Golden State Warriors have acquired guard/forward Devean George from the Toronto Raptors in exchange for guard Marco Belinelli, the team announced today.  As part of the deal, the Warriors also receive cash considerations.
                     
?We?re looking forward to adding a veteran with Devean?s experience to our squad,? said General Manager Larry Riley.  ?He is obviously a proven winner and has been on several very successful teams during his career, which is something we feel is important when you look at the youth on our roster.  He is a versatile player and someone who we feel can contribute both on and off the court.?

The Golden State Warriors have traded guard Marco Belinelli to the Toronto Raptors, league sources told Yahoo! Sports on Wednesday night.

The Raptors will send Devean George to the Warriors in return.

The Golden State Warriors have waived forward Jermareo Davidson, the team announced today.  
 
Davidson, 24, appeared in 14 games last season for Golden State, averaging 3.0 points and 2.4 rebounds in 7.9 minutes per contest.  He originally signed the first of two 10-day contracts with the Warriors on January 5, 2009, and was subsequently signed for the remainder of the season on January 25, 2009.

Less than a week after C.J. Watson expressed interest in joining the Magic, it seems that the team is no longer the front-runner to acquire the point guard.



In a text message to RealGM's Alex Kennedy, Watson indicated that there is no longer a favorite for his services and that he could end up anywhere.



"Whichever team best fits me and will give me a chance to play is where me and my agents have to decide," added Watson.



The Magic, who just signed forward Matt Barnes, do not have the money to extend a significant offer sheet to Watson. Golden State would match any offer within Orlando's spending limit, according to sources.



While sign-and-trade talks are ongoing, if a deal cannot be worked out then Watson must turn to his attention to other teams.



Philadelphia and New York are among several teams that have shown interest and returning to Golden State remains an option.

Speedy Claxton, who landed in Golden State via trade this offseason, plans to be healthy in training camp.

"I expect to play this season," Claxton told The Oakland Tribune. "I'm healthy. I'll be there in training camp."

He has been limited to just two games over the last two seasons with a series of knee and hamstring injuries. However, Claxton claims that he's ready to go and has even been dunking.

His future in Golden State isn't clear, especially since the team could enter training camp with five point guards under contract.

Mark Cuban and Don Nelson have long been known as enemies and some details of their dispute have now been made public.

There's deposition testimony from Cuban in which he acknowledges that he withheld consulting fees from Nelson in 2006 because he believed the former coach had "badmouthed" the team during the NBA finals and should be made to "beg" for the money. There's also testimony from Nelson in which he describes being so disgusted with Cuban that he signed a contract to stay on as coach in 2003 only after friends "got me drunk."

Cuban's refusal to abide by the arbitrator's decision led Nelson to file suit in state court last September.

Nelson has also filed a defamation suit against Cuban in California over comments the owner made on a Bay Area radio show in 2007. He claims that Cuban, who was on the show to promote his appearance on "Dancing with the Stars," defamed him when he said the coach's demand for money was an attempt "to rip me off."

In support of his claim, Nelson has included in his court filings an off-the-record e-mail exchange between Cuban and a reporter in which Cuban refers to Nelson as "sleazy" and having "no concept of reality or ethics."

After rejecting a one million, $2.3 million offer sheet from the Philadelphia 76ers earlier this offseason, C.J. Watson is keeping his options open and could still sign with the team.

On Thursday, the Philadelphia Daily News reported that the 76ers are "considering taking a fresh look" at the third-year point guard.

Watson wouldn't rule out the possibility of joining Philadelphia when asked Thursday.

"I'm interested in playing for anyone," he told RealGM's Alex Kennedy. "I just want to play basketball and win, that's all."

Watson, who has expressed interest in joining the Orlando Magic, is weighing other options in case the acquisition of Matt Barnes prevents him from joining the team.

While the Sixers remain in a sign-and-trade mode concerning unrestricted free agent Andre Miller, a source indicated that Ed Stefanski has also been monitoring a situation involving Golden State Warriors free agent guard C.J. Watson and the Orlando Magic.

The source confirmed that Watson had earlier rejected a 1-year, $2.3 million offer from the Sixers. If Watson were not to sign with the Magic, it is possible that the Sixers could make a fresh offer. Derrick Powell, one of Watson's agents, said Watson is working out regularly in Las Vegas, where he makes his home.

C.J. Watson is close to signing an offer sheet with the Magic, according to a source close to negotiations.

Watson, who already turned down a one-year, $2.3 million deal from the 76ers, spent Monday trying to work out a three-year contract with Orlando.

Because he is a restricted free agent, Golden State would have seven days to match any offer from the Magic once it becomes official.

The Contra Costa Times believes that the recent agreement between the Magic and Matt Barnes might alter the chances of Watson going to Orlando.